The ANAROCK Group on January 19 announced 100 per cent acquisition ApnaComplex, a digitally-driven society and apartment management prop-tech platform.
A 10-year rich B2C technology player, ApnaComplex, was acquired for an undisclosed sum from NestAway Technologies, the country’s leading rental housing operator, said a press release.
Apna Complex is one of the largest and fastest-growing prop-tech firms in society and apartment management business. Headquartered in Bengaluru, it currently empowers over 6,00,000 households across 80 cities to automate all aspects of running large gated complexes, added the release.
Anuj Puri, Chairman, ANAROCK Group, said, “ApnaComplex is a pioneer in providing housing societies and households with a reliable and trustworthy tech platform for managing their properties. We are clear that the business will run independently and with a distinctive culture that the technology world demands. We are ready to invest aggressively in this platform to bring in the required product features and to hire key talent to help deliver value to all stakeholders.”
Raja Sekhar Kommu, Co-founder & Ex-Chairman, ApnaComplex, said, “The ApnaComplex platform enjoys a high degree of trust with its customers, primarily due to its relentless focus on industry trailblazing innovations, which make gated community living a pleasure. The platform’s focus on data privacy is very well known and highly appreciated by its customers. With ApnaComplex finding a new home at ANAROCK, it will now grow to its fullest potential.”