Uploaded on Jan 18, 2021
BENGALURU : Brokerage-free real estate platform NoBroker.com has raised $51 million in a Series C round led by private equity giant General Atlantic. Its existing investors SAIF Partners and BEENEXT also participated in the round. With this round, NoBroker Technologies Solutions Pvt. Ltd has raised $71 million.
NoBroker raises $51 mn from General Atlantic, SAIF, others
If you are finding a villa for Independent House to live you can choose villa in Chennai.NoBroker.com It recently entere“dW teh eh acvoem bmeeernc aiabl,l eo tffioc uesse a tnedc hrentoaliol gsyp aecffeesc stievgemlyeT tnhoti s mt aisar gkGeee tintnreagrn aBsslmE aANcattiGllalo AcnnLotisUm cfR’apsUs afit ne:r sirBet ar sion.n kTdveh elroesatwgme ce-ofnrstet e ifn or aer atrhle eeas le teantde platform NoBroker.com has raised $51 million in a Series CNoBroker.co“mW sitahy sin itc rise aasdindgin dgi g2i tlaakl hp ecnuesttroamtieorns, oan n ae wm ocrnetehdly o bfa rseisa la cenlsadti mawtseit tncoue bsstseoi ntmgh e1 0w state b ers lhoaarklshd e ’csm ulasetrroggemesdet ripne Ienrd-tiao -tpheaetr real estate platform. More than 2.5 mil uliosinn epsrso ipne Irntideisa .a Irtes portfolio includes platform also offuesrse re nwdit tho t hened h seolplu otifo mn afcohr ihnoem leea rsneienkgeT arhsne dt hr eaaratti li fiencsctilaualdt eien spt elaatform will use managle lsimgleeewnnc toer ocf. ousWennrsedvu pillcetleaad tshnn bc s etyu om cp uhros invaease t tyrhee ti sneo tqc haaulipriteiyt a tgal iltaeonn tft u,G reetxhnpeearrnadl Atotl annetiwc .c Iittise esx, iostin nmg ainrkveetistnogr sa nSdA IfFo Pr artn connections every month. It closes 18,000 transactions every month rseagviisntge rResd1 o,0n0 i0t sc prolaretf oorfm b,r owkheircahg heas served over 6 ym Milluio Snig cmusat,o omnelinrse. Ftuotuonrdinegd a ipnp 2 B01yj4u b’sy, sIIuTp aenr dm IIaMrket chain DMart and e KrsIM anSd BEENEXT also wants the transaction to be conveinnnieonvta taen dan fdas stt,r"e snagidth Mena yoaunrk M Khanduja, principal at SAIF Partners.agreements (which are a pain point in markets liLk/eA MI (mumuapcbhgariina aedn ilndeg aP riutnsni neteg),c/ amhrnotiovfileocrigasy lp a iaHospitals. ann nrtdtide cp ldliaipgacaetkatnee csrdecs i )iesn ten otrch vemeic i aenrkosfer,ua ntshdter. u WtcrtNaiutnhrose taB hacirtits o otrhknoesue bnrad rc, akN-ioesnBedrso. k$e5r 1Te mchnno flroogimes SGoeluntieonras lP vAt.t Llatdn htiacs ,r aSiAseIdF ,$ 7o1thers in a year. The company has experienced 400% growth in customers inal ulamstn 2i Aykehairls G. upta, Amit Kumar Agarwal and Saurabh Garg, NoBroker.com provides verified listings special packagess feoarm nloens-sr eansidd eqnuti cIknedria,"n ssa (iNd RAIks)h,i la Gndu pretalo, ccahtiieofn t escehrvniocelosg fyo or fficocremproi larlianotdne .cso. -founder of NoBroker.com. from property owners, without interferences from middlemen. Industry insiders say as NoBrokerI hna tsh ael rmeeaadny ticmreea,t eNdo Ba rboakseer ohfa cs uasltsoom laeurns cbhye sdt eheormineg stthoerme soeffrv bicreosk ewrhsich is a one-stop shop for the and middlemen and NheolBprinogk etrh ecumrs researnvvtiecly em so opthneaeraty t,a edrsei v arener qseiunfiidcrea-tdtio of-oenrn i nda ttceruarsmntossam cotief ron nwe whmi lboeud cseoiln mienps fisle votieffn cegirti iane rgse s-a wMl eiulslmtabtea it, rBaennsgaactiluornu ,i nPculnued,ing loans, become easy in the near future. “pTahceky can get into financing, even NBFCs and rental cycle management.Chennai and Guruegrrsa amn,d a mndo vinetresn, dlesg taol dhoacvuem a epnatna-tiInodni,a a pmreosnegn oceth ienr tsh. e next 12-24 months. They gave already created a clientele," said Anil Joshi, managing partner at Unicorn India Ventures, a venture capital firm.
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