Anarock acquires NestAway’s ApnaComplex; Goldman Sachs, Tiger Global, others exit

ANAROCK Group, a tech-led real estate services firm, has made a 100% acquisition of digitally-driven society and apartment management PropTech platform ApnaComplex from NestAway Technologies. As part of the deal Goldman Sachs, Tiger Global, UC-RNT Fund, IDG India, Chiratae Ventures and InnoVen Capital have exited the proptech entity.

ApnaComplex is a SaaS product headquartered out of Bengaluru currently serving over 600,000 households across 80 Indian cities. The startup was also among the top ten solutions launched at the Product Launch pad at the NASSCOM Product Conclave. It helps bring order to the usual manual management of housing societies.

“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. Our acquisition rationale is to extend innovative features and tech upgrades for homeowners, residents, society managing committees, as well as facility and security management teams,” said Anuj Puri, Chairman, ANAROCK Property Consultant.

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