About SocietyConnect
SocietyConnect is a Real Estate & Construction company based in Gurugram (India) founded in 2015 by Sudhriti Mukerjee, and was acquired by NoBroker in February 2020. Society management platform for bills, complaints, and facilities is provided. SocietyConnect has raised $491.84 thousand across 3 funding rounds from investors including NoBroker, Ashok Kumar Vaid and Gaurav Khurana. The company has 30 employees. SocietyConnect was last valued at $2.9 million in December 2018. Its Indian entity Mass It Channel Private Limited reported revenue of ₹42.7 Lakh. SocietyConnect offers products and services including Visitor Management System, Domestic Staff Management, Complaint Management, and Maintenance and Utility Bill Payments. Its focus areas include Real Estate and Construction Tech, Property Management Tech, Property Management and Apartments.
Company details
Founded in 2015 in Gurugram, India, SocietyConnect operates in the property management sector. Administrators are supported in handling bills, complaints, and facilities through the platform. Residents access an app to register complaints, book facilities, and track visitors. Clients such as Pacific Hills, Palm Greens, and DLF Silver Oaks are served. As of December 2016, over 16,000 active users were reported.
- Headquarters Gurugram, India
- Employees 30
- Founders Sudhriti Mukerjee
- Stage Acquired
- SectorsReal Estate & Construction
- Email••••••••
- Website societyconnect.in
- Social LinkedIn X Facebook YouTube
- Acquired by NoBroker (Feb 2020)
- Legal Name Mass It Channel Private Limited
- Date of Incorporation 01 Jul, 2015
- Jurisdiction New Delhi, Delhi, India
Associated legal entities of SocietyConnect
SocietyConnect operates through Mass It Channel Private Limited (amalgamated). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2019) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Mass It Channel Private Limited CIN U72300DL2015PTC282295 | Amalgamated | 01 Jul 2015 | New Delhi, Delhi | ₹0.4 Cr | 30 | 3 | View details |
Products & Services of SocietyConnect
SocietyConnect offers a comprehensive portfolio of products and services, including Visitor Management System, Domestic Staff Management, Complaint Management, and Maintenance and Utility Bill Payments.
Tool for tracking and managing visitor entries in housing societies
System to monitor and rate domestic help attendance digitally
Platform for raising and tracking complaints in residential communities
App for handling and tracking society maintenance payments
Apps and channels of SocietyConnect
its YouTube channel NoBrokerHood has 3.26K subscribers and 30 videos.
Videos from SocietyConnect
The most watched videos on SocietyConnect's YouTube channel, NoBrokerHood (3.26K subscribers). Click a video to play it here.
More on NoBrokerHood.
Funding Insights of SocietyConnect
SocietyConnect has successfully raised a total of $491.84K across 3 strategic funding rounds. The most recent funding activity was a Angel Round of $157.61 thousand completed in December 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $491,835
- Total Rounds 3
- Last Round Angel Round — $157,610
- First Round $64,476
(Jan 2017)
- Investors Count 24
All 3 funding rounds of SocietyConnect with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2018 | $157,610 | Angel Round | $2.9M | Ashok Kumar Vaid | |
| May 2018 | $269,749 | Angel Round | $2.24M | Naveen Jain | |
| Jan 2017 | $64,476 | Angel Round | $••••• | Amit Bose, Rajiv Kumar |
| Date | Valuation | Stage |
|---|---|---|
| Dec 2018 | $2.9M | •••••••• |
| May 2018 | $2.24M | •••••••• |
Last known valuation $2.9M (Dec 2018). 25 investors in total: 1 institutional and 24 angel.
Investors in SocietyConnect
SocietyConnect has secured backing from 25 investors, including angel investors. Prominent investors backing the company include NoBroker, Ashok Kumar Vaid and Gaurav Khurana.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
AK Ashok Kumar Vaid | unknown_dbc87234e5ba4170a | |||
GK Gaurav Khurana | Angel investor, ex-COO of Paytm Money, focused on fintech and tech startups | unknown_8c51fa00746b43e8b | ||
JB Jyoti Bisarya | unknown_25bdc02ea0744a5ea | |||
RB Robin Bisarya | Angel investor and entrepreneur, focused on tech startups in India. | unknown_4776ae5e77434f0ab | ||
NS Nitin Saxena | unknown_18aa1071f42c431aa | |||
KP Krishna Pandey | Angel investor and tech entrepreneur, focused on early-stage Indian startups | unknown_a2e292068c4241448 | ||
SM Sourav Mukerjee | Angel investor and tech leader, ex-Amazon, focused on Indian startups | unknown_711b668ec8724397b | ||
SA Shobhna Arora | Angel investor focusing on early-stage Indian startups in tech and consumer sectors. | unknown_fe507dee403344a7b | ||
SM Sudhriti Mukerjee | unknown_ec0dc34c8b984e739 | |||
NJ Naveen Jain | Indian angel investor, founder of Info Edge, active in tech startups | unknown_2ba48490c04e44e9b |
Investor details for SocietyConnect
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Mass It Channel Private Limited (SocietyConnect)
Mass It Channel Private Limited is the primary company behind SocietyConnect. The board of Mass It Channel Private Limited currently have 3 directors; the longest-serving is Sourav Mukerjee, appointed in 2019. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sourav Mukerjee DIN 01121015 | Additional Director | 05 Jul 2019 | 7 yrs 4 mo | Mass It Channel Private Limited |
| Akhil Gupta DIN 07019019 | Nominee Director | 15 Feb 2020 | 6 yrs 8 mo | Mass It Channel Private Limited |
| Amit Kumar DIN 01338251 | Nominee Director | 15 Feb 2020 | 6 yrs 8 mo | Mass It Channel Private Limited |
People of SocietyConnect
1 people are tracked at SocietyConnect (1 in leadership); the tracked headcount is 30.
| Name | Role | Group |
|---|---|---|
Sudhriti Mukerjee | Co-Founder | Leadership |
Complete people profiles for SocietyConnect
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of SocietyConnect
Figures of Mass It Channel Private Limited, the primary company behind SocietyConnect, for FY 2019. Revenue was ₹42.7 Lakh (+194% year on year). Net loss was -₹6 Lakh (-14% margin). EBITDA was -₹2.8 Lakh (-6% margin). Revenue has grown at a compounded annual rate of +290% over three years.
- ₹42.7 LakhRevenue · FY 2019 · +194% YoY
- -₹6 LakhNet loss · -14% margin
- -₹2.8 LakhEBITDA · -6% margin
- ₹1.5 LakhPaid-up capital
- 30Employees (provident fund records)
- +290%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Mass It Channel Private Limited are on its company page.
Detailed financial statements for SocietyConnect
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of SocietyConnect
5 dated milestones of SocietyConnect across 5 years, from founding to its latest funding, stage changes and deals.
- Founded SocietyConnect is founded.
- Funding First funding round of $64K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $158K.
- Exit Acquired by NoBroker.
Top companies in Property Management Platforms
3 companies that operate in the same segment as SocietyConnect (Property Management Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of interior design and renovation services for homes and offices | 2014 | Bengaluru, Karnataka, India | USD 511.55 M | USD 172.66 M | 4,353 | |
Mygate is recognized as a leading community management software provider. | 2016 | Bengaluru, Karnataka, India | USD 93.84 M | USD 3.15 M | 494 | |
Personalized end-to-end interior solutions are provided via a platform. | 2015 | Chennai, Tamil Nadu, India | USD 76.14 M | USD 16.55 M | 506 |
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Frequently Asked Questions about SocietyConnect
SocietyConnect was founded in 2015 and raised its 1st funding round 2 years after it was founded.
SocietyConnect is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
SocietyConnect is a funded company, having raised a total of $491.84K across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $64.48K, raised on Jan 2017.
SocietyConnect has 30 employees.
The primary company behind SocietyConnect, Mass It Channel Private Limited, reported revenue of ₹42.7 Lakh for FY 2019, up 194% year on year.
Founded in 2015 in Gurugram, India, SocietyConnect operates in the property management sector. Administrators are supported in handling bills, complaints, and facilities through the platform. Residents access an app to register complaints, book facilities, and track visitors. Clients such as Pacific Hills, Palm Greens, and DLF Silver Oaks are served. As of December 2016, over 16,000 active users were reported.
SocietyConnect offers Visitor Management System, Domestic Staff Management, Complaint Management, and Maintenance and Utility Bill Payments.
SocietyConnect has 25 investors. Key investors include NoBroker, Ashok Kumar Vaid, Gaurav Khurana, Jyoti Bisarya, and Robin Bisarya.
The valuation of SocietyConnect is $2.9M as of Dec 2018.
SocietyConnect operates through Mass It Channel Private Limited.
Yes. SocietyConnect was acquired by NoBroker in February 2020.
The legal entities of SocietyConnect currently have 3 directors, including Akhil Gupta, Sourav Mukerjee, Amit Kumar.