NoBroker

NoBroker.com is a real estate search portal that connects flat owners and tenants directly with each other. 

NoBroker's mission is to lead India’s real estate industry towards an era of doing real estate transactions in a convenient and brokerage-free manner.

NoBroker was founded in 2014 by Amit Kumar Agarwal, Akhil Gupta, and Saurabh Garg. The company is headquartered in Bangalore, Karnataka, India.

 

NoBroker helps people looking to buy or lease an apartment avoid brokers, thus avoiding brokerage fees. The startup operates in several major Indian cities, including Bangalore, Delhi, Pune and Hyderabad.

 

NoBroker has expanded to several additional categories, including financial services (to offer customers help with securing the rent, for instance), and home services such as cleaning, fulfilling furniture needs and movers and packers.

 

NoBroker's services are also independently available to customers who have not rented or bought a place from NoBroker platform. NoBroker has more than 7.5 million properties listed on its platform and over 16 million people have used its services.

 

NoBroker is backed by General Atlantic, Tiger Global, Google, Moore Strategic Ventures, SAIF Partners, KTB Ventures, BEENEXT, Qualgro VC, Rocketship VC, Fulcrum Capital, and others. The company raised $5M in an extended Series E round on Mar 01, 2023, adding to the previous $210 in Nov 2021 which brought the Series E total to $215M. This additional investment brings NoBroker's total funding to $366M to date. NoBroker was valued at a $1B in its first tranche of E round on Nov 23, 2021.

 

 

  • Year founded: 2014
  • Funding Info: $366M over 9 Rounds (Latest Funding Type: Series E)
  • Yearly Revenue: NA
  • Employee Size: 1,001-5,000
  • Business Valuation: Valued at $1B as of Nov 23, 2021
  • City/Town: Bangalore
  • State: Karnataka
  • Country: India
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