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October 05, 2015 12:27 AM ET

Internet Software and Services

Company Overview of maxHeap Technologies Pvt. Ltd.

Company Overview

maxHeap Technologies Pvt. Ltd. Offers CommonFloor, a platform to provide a private portal for people in residential communities. Its platform acts as an information sharing medium for residents by enabling them to engage and share information, knowledge, and resources needed in daily life. The company’s platform allows residents to access information local to the residence; communicate with neighbors; post notices and classifieds; rate and review local retailers, restaurants, and delivery services; and to do more. maxHeap Technologies Pvt. Ltd. was founded in 2007 and is based in Bengaluru, India.

#298,299 SGR Towers

7th Cross


Bengaluru,  560071


Founded in 2007


91 80 4123 2748


91 80 4123 2748

Key Executives for maxHeap Technologies Pvt. Ltd.

Co-Founder and Chief Executive Officer
Co-Founder and Chief Technology Officer
Co-Founder and Vice President of Communities
President of Business Operations
Assistant Vice President of Business Development
Compensation as of Fiscal Year 2015.

maxHeap Technologies Pvt. Ltd. Key Developments

Quikr Reportedly To Acquire A Majority Stake In CommonFloor

Quikr India Private Limited might buy a majority stake in maxHeap Technologies Pvt. Ltd. (CommonFloor), according to three people familiar with the ongoing negotiations. The pay out is estimated to be worth about $50 million, as per sources. The talks are reported to have started 5 months ago and the deal is reported to close soon. Is Planning To Raise Funds

maxHeap Technologies Pvt. Ltd. is planning to raise money by way of an Initial Public Offering (IPO). maxHeap is planning to raise funds for expanding business in three-five years.

India Property Denies Being In Sale; Commonfloor Denies Being In Talks

India Property Online Pvt. Ltd. is known to have appointed Moelis & Company to raise as much as $50 million and is also exploring other strategic options. Ganesh Vasudevan, Chief Executive Officer of the denied that it is up for sale and stated that the company is raising $50 million for expansion. “India Property is in the market for fundraising. But it may even opt for outright sale,” said a source in the online real estate industry. A well-placed source has said that CommonFloor (maxHeap Technologies Pvt. Ltd.) and PropTiger Realty Pvt Ltd were sounded out interest for a strategic style deal. PropTiger’s Chief Executive Officer Dhruv Agarwala denied having had talks with India Property or its representatives. The sources also stated that Quikr India Private Limited could also take part in the deal. Manish Kumar Sinha, Executive Vice President of Quikr denied being in talks with India Property for a potential acquisition.

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