New Delhi, November 15, 2024 — ADDA.io is revolutionizing housing society finance management in Maharashtra, enabling accountants to become entrepreneurs and efficiently serve the ₹600 crore housing society market. By leveraging ADDA Books, a specialized accounting product, accountants can scale their operations, provide automated financial services, and ensure compliance with the Maharashtra Co-operative Societies Act, 1960.
Over 1,400 housing societies, impacting approximately 30,000 households across Maharashtra, have adopted ADDA.io’s solutions. Many accountants now manage financial records for 100-200 societies, ensuring transparency and streamlined processes. ADDA.io’s zero-ads policy, robust features, and global presence have positioned it as a trusted partner for society management.
Krishanu Mukherjee, AVP – Growth, highlighted ADDA.io’s role: “Our Accounting Service Partner (ASP) program provides technology, support, and training to help accountants expand their reach. We’re committed to empowering these entrepreneurs to grow locally and globally.”
With its partnership with the Mumbai Auditor Association and a proven track record, ADDA.io aims to replicate its model globally, fostering financial transparency in housing societies worldwide.
Founded in 2009, ADDA is a community and housing society management platform in 10+ countries, including India, the US, UAE, and Singapore.
