Deal Alert: ApartmentADDA raises capital from Sharad Sharma, others

Bangalore-based startup ApartmentADDA that provides online software to manage residential complexes has raised funds from a group of Silicon Valley and Indian investors. The angel investors include Bhupen Shah, Sharad Sharma,Raghu Tarra,Vijay Anand and Zaheer Rattonsey.

ApartmentADDA aims to build a network of accountants and facility managers and expand to international markets like Middle East,apart from large Indian cities.It will also use the money to develop technologies for new services like online concierge and appliance servicing.

Source: Times of India

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