Google Capital invests second time in India

By | January 9, 2015


Google Capital invested for second time in India in online real estate portal The investment affirms the strong and unique technology that Indian companies are adopting. Google Capital is a growth equity fund and invests in companies that use technology to change the way experience the world.

Google Capital has invested $15 million in Last year Google Capital had invested $31 million in help desk startup

Just 2 days back had announced that they have acquired, an anonymous social gossip app for undisclosed amount.


After funding from Google Capital, CEO Sumit Jain says “Having Google Capital onboard will give Commonfloor a chance to take advantage of the tech giant’s technical and operational expertise as it continues to scale up its business. Commonfloor currently has 200,000 properties posted directly from real estate owners in India.”

He further said “We have 1 Lakh projects and half a million active listings on our platform. We have so far mapped 10 million properties across 200 cities in the country. The challenge in India is there’s too much information. Google is indexing every property and every page on the internet to make it easy for people to search information. Similarly, at Commonfloor, we intend to buy to map every property on our platform in the next two years to make it easy for property buyers to search properties on our platform.”

Google Capital would take seat in the board of The company has raised several rounds on funding from venture capital companies. It has also in touch with Government agencies for affordable housing project.

Author: Venu V

i look for minute details, whatever i do. Avid reader, read lot of Hindu mythology, Technology and General news. Extreme foodie and like to taste new types of vegetarian food. Travel a lot, like to explore new places which are not explored by anyone. Participate in adventure sports like river rafting, grappling and hot air ballooning.