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Nestaway Technologies acquires ApnaComplex

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MUMBAI: Home rental startup Nestaway Technologies has acquired apartment management and security solution ApnaComplex for an undisclosed amount.ApnaComplex, a 10-year-old company, manages over 20,000 societies spread across over 80 cities with a bulk of homes in major cities including, Bangalore, NCR, Mumbai, Pune, and Hyderabad.ApnaComplex will retain its brand and will continue to operate independently after the acquisition and will continue to focus on its core segment of apartment societies.Nestaway, which began operations in January 2015, has been backed by investors including Tiger Global , Chiratae, Goldman Sachs, Ratan Tata , and Yuri Milner. It currently manages 150,000 units across 15 cities.

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