About BroEx
BroEx is a Real Estate & Construction company based in Gurugram (India) founded in 2014 by Mukul Kumar Bhati, Anshul Gupta, and Siddharth Prakash Singh. It serves as an app-based platform for networking and communication among real estate agents. It operates on a B2B model. BroEx has raised $4.22 million across 2 funding rounds from investors including Lightspeed Venture Partners, Blume Ventures and CyberAgent Capital. The company has 2 employees. BroEx has completed 1 acquisition, including Rexprop. Its Indian entity Oku Tech Private Limited reported revenue of ₹1.2 Lakh. Its focus areas include Real Estate, Technology Platforms, Networking Services and Agent Communication. Its competitors include Spini, Oku Tech and PlaBro; 3 of its 3 listed competitors have raised funding.
Company details
BroEx, led by Mukul Kumar Bhati as Co-Founder, CTO, Anshul Gupta as Co-Founder, Siddharth Prakash Singh as Co-Founder, specializes in involved in property dealings, technology platforms, networking services, and agent communication. Serves as an app-based platform for networking and communication among real estate agents. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction.
- Headquarters Gurugram, India
- Employees 2
- Founders Mukul Kumar Bhati, Anshul Gupta, Siddharth Prakash Singh
- SectorsReal Estate & Construction
- Website broex.in
- Social LinkedIn X Facebook
- Legal Name Oku Tech Private Limited
- Date of Incorporation 13 Nov, 2014
- Jurisdiction Gurgaon, Haryana, India
- Annual Revenue₹1.2 Lakh
FY 2024 · +31% YoY
- Net Loss-₹3.2 Lakh
FY 2024 · -263% margin
- EBITDA-₹2.2 Lakh
FY 2024 · -180% margin
- Total Equity Funding$4.22M (USD)
in 2 rounds
- Latest Funding Round$3.22M (USD), Series A
Jun 2016
- InvestorsLightspeed Venture Partners
& 4 more
- Employee Count2
- Investments & Acquisitions
Associated legal entities of BroEx
BroEx operates through Oku Tech Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Oku Tech Private Limited CIN U72900HR2014PTC089620 | Active | 13 Nov 2014 | Gurgaon, Haryana | ₹0.0 Cr | 2 | 2 | View details |
Funding Insights of BroEx
BroEx has successfully raised a total of $4.22M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $3.22 million completed in June 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $4.22M
- Total Rounds 2
- Last Round Series A — $3.22M
- First Round $1M
(Jul 2015)
- Investors Count 5
All 2 funding rounds of BroEx with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2016 | $3.22M | Series A | – | Lightspeed Venture Partners | |
| Jul 2015 | $1M | Seed | – | Lightspeed Venture Partners | – |
5 investors in total: 5 institutional.
Investors in BroEx
BroEx has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Lightspeed Venture Partners, Blume Ventures and CyberAgent Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners. | 1997 | lsvp.com | Menlo Park, United States | |
Seed and early-stage investments are made across sectors in India. | blume.vc | Mumbai, India | ||
Investments in tech startups are provided by CyberAgent Capital. | cyberagentcapital.com | Tokyo, Japan | ||
VC firm investing in seed and early stage companies in the US, UK, Israel, and parts of Asia | tektonventures.com | San Francisco, United States | ||
Early-stage investments are made in B2B and deep-tech startups. | growx.vc | Delhi, India |
Investor details for BroEx
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Oku Tech Private Limited (BroEx)
Oku Tech Private Limited is the primary company behind BroEx. The board of Oku Tech Private Limited currently have 2 directors; the longest-serving is Kunal Dhamani, appointed in 2025. 11 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kunal Dhamani DIN 10716628 | Director | 03 Feb 2025 | 1 yr 8 mo | Oku Tech Private Limited |
| Amit Chand DIN 06657341 | Additional Director | 16 Jun 2025 | 1 yr 4 mo | Oku Tech Private Limited |
People of BroEx
3 people are tracked at BroEx (3 in leadership); the tracked headcount is 2.
| Name | Role | Group |
|---|---|---|
Mukul Kumar Bhati | Co-Founder, CTO | Leadership |
Anshul Gupta | Co-Founder | Leadership |
Siddharth Prakash Singh | Co-Founder | Leadership |
Complete people profiles for BroEx
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of BroEx
Figures of Oku Tech Private Limited, the primary company behind BroEx, for FY 2024. Revenue was ₹1.2 Lakh (+31% year on year). Net loss was -₹3.2 Lakh (-263% margin). EBITDA was -₹2.2 Lakh (-180% margin). Revenue has grown at a compounded annual rate of +1193% over three years and -68% over five years.
- ₹1.2 LakhRevenue · FY 2024 · +31% YoY
- -₹3.2 LakhNet loss · -263% margin
- -₹2.2 LakhEBITDA · -180% margin
- ₹1.76 CrPaid-up capital
- 2Employees (provident fund records)
- +1193%Revenue CAGR, 3 years
- -68%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Oku Tech Private Limited are on its company page.
Detailed financial statements for BroEx
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Investments & Acquisitions by BroEx
BroEx has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Rexprop.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
A mobile app for real estate brokers to list inventory and communicate efficiently with peers. | rexprop.com | Gurugram, India | 2015 | Nov 2016 | •••• |
Complete acquisition details for BroEx
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of BroEx
4 dated milestones of BroEx across 2 years, from founding to its latest funding, stage changes and deals.
- Founded BroEx is founded.
- Funding First funding round of $1.0M.
- Funding Latest funding round, Series A, of $3.2M.
- Acquisition Acquires Rexprop.
Competitors of BroEx
BroEx has 3 listed competitors in our database, 3 of them funded. They include Spini, Oku Tech and PlaBro.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| getspini.com | 2014 | Chennai, India | $749,507 | 30 | Leads for sales professionals are connected through a mobile app. | |
| okutech.in | 2014 | Gurugram, India | $8M | 52 | Online platform for buying, renting, and selling residential and commercial properties | |
| plabro.com | 2015 | Gurugram, India | $593,038 | Networking platform for real-estate brokers is facilitated by PlaBro. |
Detailed competitors of BroEx
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Real Estate Technology Platforms
3 companies that operate in the same segment as BroEx (Real Estate Technology Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Technology platform for real estate transactions and mortgages is provided. | 2014 | Gurugram, Haryana, India | USD 97.98 M | USD 28.9 M | 9,619 | |
Online platform for buying, renting, and selling residential and commercial properties | 2012 | Gurugram, Haryana, India | USD 146.45 M | USD 25.52 M | 1,188 | |
A platform for residential property buying is facilitated by PropTiger. | 2011 | Gurugram, Haryana, India | USD 99 M |
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Related news about Broex
Complete news archive for BroEx
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Frequently Asked Questions about BroEx
BroEx was founded in 2014 and raised its 1st funding round 1 year after it was founded.
BroEx is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
BroEx is a funded company, having raised a total of $4.22M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Jul 2015.
BroEx has 2 employees.
The primary company behind BroEx, Oku Tech Private Limited, reported revenue of ₹1.2 Lakh for FY 2024, up 31% year on year.
BroEx, led by Mukul Kumar Bhati as Co-Founder, CTO, Anshul Gupta as Co-Founder, Siddharth Prakash Singh as Co-Founder, specializes in involved in property dealings, technology platforms, networking services, and agent communication. Serves as an app-based platform for networking and communication among real estate agents. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction.
BroEx has made 1 acquisition, including Rexprop.
BroEx has 5 investors. Key investors include Lightspeed Venture Partners, Blume Ventures, CyberAgent Capital, Tekton Ventures, and growX ventures.
BroEx operates through Oku Tech Private Limited.
The legal entities of BroEx currently have 2 directors, including Kunal Dhamani, Amit Chand.