Bangalore’s tallest flag poll gets the largest national flag

Indian FlagGovernor HR Bhardwaj hoisted tri-colour, weighing at 31kg, measures 72ft by 48ft at a dizzy height of 65 metres at the National Military Memorial. The day coincided the 117th birth anniversary of Netaji Subhas Chandra Bose and the day, the Supreme Court Jan 23, 2005 permitted the hoisting of the National Flag in public places.

Military memorial in public area

Names of about 24,000 martyrs have been inscribed in plaques on the memorial’s walls. India Gate in New Delhi is the only military memorial in public area which displays names of 70,000 Indian soldiers who were martyred during the World Wars.

Source:
http://www.daijiworld.com/news/news_disp.asp?n_id=214497
http://www.dnaindia.com/bangalore/report-largest-tri-colour-unfurled-in-bangalore-1956374
http://www.thehindu.com/news/cities/bangalore/national-tricolour-flutters-from-monumental-flag-post/article5610509.ece

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Indian real estate search engine CommonFloor gets $10.4m in series D funding

investment

CommonFloor.com, India’s largest real estate site and ranked as India’s No.1 real estate portal in the unique visitors classification as per ComScore data for November 2013, gets beneficiary of Rs 64 crore ($10.5 million) in series D funding.

Accel has been an investor in CommonFloor since 2009 and in 2012 teamed with Tiger Global. Both firms provided $7.5m of Series C funding to the business last summer.

CommonFloor.com’s revenue has been growing by more than 100% every quarter for more than a year now. The company is on track to achieve its goal of a turnover of $25 million in the next two years.

CommonFloor.com, launched in 2007 by Sumit Jain, Lalit Mangal and Vikas Malpani, is now India’s No.1 real estate portal and has 1.8 lakh active property listing across 120 cities. It also offers a map-based property search service. Its Android app, which was launched in March 2013 has seen over 50,000 downloads till now.

A 2013 article reports CommonFloor, founded in 2007, is an Rs 10-crore business which translates to $1.6 million dollars.

techcrunch.com reports-

The new capital will be used to expand beyond property listings and offer information on related products, including home decor etc., the startup said in a statement. The latest funding brings the total money raised by CommonFloor to around $17.9 million. 

“We have seen phenomenal growth in the past 2 years on every possible parameter – be it financials, visitors, advertisers or engagement. In fact, our topline has continued to grow by over 100% quarter on quarter since last year,” said Sumit Jain, co-founder of CommonFloor.

News Source:
http://www.pr.com/press-release/535439
http://www.techinasia.com/india-property-portal-commonfloor-gets-series-d-funding/
http://www.altassets.net/private-equity-news/by-news-type/deal-news/accel-tiger-global-keep-capital-coming-for-indian-real-estate-search-engine-commonfloor.html
http://blog.commonfloor.com/sumit-jain-shares-his-views-on-the-latest-round-of-commonfloor-coms-funding-with-economic-times
http://www.redherring.com/finance/bluebox-security-secures-18m-funding-investment-round-up-2/

Image Source:http://webappstech.com/farmkings/investment-plan.html