Broker Network

Mumbai, India Founded: 2020 • Age: 6 yrs Minicorn Acquired By Info Edge
Provider of agent network for real estate professionals

About Broker Network

Broker Network is a Real Estate & Construction company based in Mumbai (India) founded in 2020 by Pratik Choudhary and Rahul Yadav, and was acquired by Info Edge in May 2022. Provider of agent network for real estate professionals. Broker Network has raised $148.04 thousand across 2 funding rounds from investors including Info Edge, Allcheckdeals and Stride Ventures. The company has 1,775 employees. Broker Network was last valued at $178.24 million in October 2022. Its chief executive, as recorded, is Rahul Yadav. Its Indian entity 4B Networks Private Limited reported revenue of β‚Ή17.92 Cr. Its focus areas include Real Estate and Construction Tech, Real Estate IT, Property Search and Listings. Its competitors include PropertyPistol Realty, RealBetter and BeyondWalls; 2 of its 3 listed competitors have raised funding.

Company details

Founded in 2020 in Mumbai, India, Broker Network operates in the real estate sector. A platform is offered where property or client requirements can be posted by brokers and matched with counter requirements from verified peers. Connections are facilitated via chat or call. Details on upcoming projects and offers are shared, enabling links to verified sales agents. The service is accessible through apps on Android and iOS devices.

  • Headquarters Mumbai, India
  • Employees 1,775
  • Founders Pratik Choudhary, Rahul Yadav
  • Stage Acquired
  • Sectors
    Real Estate & Construction
  • Website brokernetwork.app
  • Social LinkedIn
  • Acquired by Info Edge (May 2022)
  • Legal Name 4B Networks Private Limited
  • Date of Incorporation 05 Nov, 2020
  • Jurisdiction Mumbai, Maharashtra, India
Key Metrics
  • Annual Revenue
    ₹17.92 Cr

    FY 2022 · +295846% YoY

  • Net Loss
    -₹2.90 Cr

    FY 2022

  • EBITDA
    ₹2.58 Cr

    FY 2022 · 14% margin

  • Total Equity Funding
    $148.04K (USD)

    in 2 rounds

  • Latest Funding Round
    $148.04K (USD), Series A

    Oct 2022

  • Investors
    Info Edge

    & 2 more

  • Employee Count
    1,775
  • Acquired by
    Info Edge

    (May 2022)

Funding Insights of Broker Network

Broker Network has successfully raised a total of $148.04K across 2 strategic funding rounds. The most recent funding activity was a Series A round of $148.04 thousand completed in October 2022. 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 $148,036
  • Total Rounds 2
  • Last Round Series A β€” $148,036
  • Investors Count 2

All 2 funding rounds of Broker Network with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2022$148,036Series A$178.24MStride Ventures
–
Dec 2021Series A–Allcheckdeals
–
Valuation history
DateValuationStage
Oct 2022$178.24Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $178.24M (Oct 2022). 3 investors in total: 3 institutional.

Investors in Broker Network

Broker Network has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Info Edge, Allcheckdeals and Stride Ventures.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Venture debt funding is extended to companies across multiple sectors.
strideventures.inDelhi, India
An online portal providing real estate brokerage services to individuals.
2007allcheckdeals.comNoida, India
A multi-group online classifieds company operating across diversified sectors
1995infoedge.inDelhi, India
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Investor details for Broker Network

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  • Round participation
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Board of directors of 4B Networks Private Limited (Broker Network)

4B Networks Private Limited is the primary company behind Broker Network. The boards of the 2 registered companies of Broker Network currently have 12 directors; the longest-serving is Sanjeev Bikhchandani, appointed in 1995. 19 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Sanjeev Bikhchandani
DIN 00065640
Whole-time director01 May 199531 yrs 6 moInfo Edge (India) Limited
Hitesh Oberoi
DIN 01189953
Managing Director25 May 200125 yrs 5 moInfo Edge (India) Limited
Kapil Kapoor
DIN 00178966
Director01 Oct 200224 yrs 1 moInfo Edge (India) Limited
Geeta Mathur
DIN 02139552
Director28 May 20197 yrs 5 moInfo Edge (India) Limited
Rahul Yadav
DIN 05200293
Whole-time director05 Nov 20206 yrs4B Networks Private Limited
Devesh Singh
DIN 07860008
Whole-time director31 Mar 20215 yrs 7 mo4B Networks Private Limited
Sanjiv Sachar
DIN 02013812
Director15 Jul 20233 yrs 3 moInfo Edge (India) Limited
Neha Jain
DIN 08706575
IRP/RP/Liquidator29 Oct 20242 yrs4B Networks Private Limited
Rajesh Magow
DIN 00195044
Director09 Jun 20264 moInfo Edge (India) Limited
Rajappa Radha
DIN 08530439
Director09 Jun 20264 moInfo Edge (India) Limited
Himanshu Agarwal
DIN 06672915
Whole-time director17 Sep 20261 moInfo Edge (India) Limited
Naresh Chand Gupta
DIN 00172311
Additional Director01 Oct 20261 moInfo Edge (India) Limited

People of Broker Network

2 people are tracked at Broker Network (2 in leadership); the tracked headcount is 1,775.

NameRoleGroup
Co-FounderLeadership
Co-Founder & CEOLeadership
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Financials of Broker Network

Figures of 4B Networks Private Limited, the primary company behind Broker Network, for FY 2022. Revenue was ₹17.92 Cr (+295846% year on year). Net loss was -₹2.90 Cr. EBITDA was ₹2.58 Cr (14% margin).

  • ₹17.92 CrRevenue · FY 2022 · +295846% YoY
  • -₹2.90 CrNet loss
  • ₹2.58 CrEBITDA · 14% margin
  • ₹2.9 LakhPaid-up capital
  • 1,775Employees (provident fund records)

Balance sheet, profit and loss, cash flow and ratios of 4B Networks Private Limited are on its company page.

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Detailed financial statements for Broker Network

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Timeline of Broker Network

5 dated milestones of Broker Network across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded Broker Network is founded.
  2. Funding First funding round.
  3. Exit Acquired by Info Edge.
  4. Funding Latest funding round, Series A, of $148K.
  5. Milestone Reaches Minicorn status.

Competitors of Broker Network

Broker Network has 3 listed competitors in our database, 2 of them funded. They include PropertyPistol Realty, RealBetter and BeyondWalls.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
propertypistol.com2012Mumbai, India$5.79M417
Residential property buying, selling, and rental services are offered.
realbetter.com2022Gurugram, India$500,000
Provider of a digital app for real estate agents to manage income
beyondwalls.com2021Pune, India80
Offers a tech-based platform for home seeking.
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Detailed competitors of Broker Network

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Top companies in Real Estate Technology Platforms

3 companies that operate in the same segment as Broker Network (Real Estate Technology Platforms) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Technology platform for real estate transactions and mortgages is provided.
2014Gurugram, Haryana, IndiaUSD 97.98 MUSD 28.9 M9,619
Online platform for buying, renting, and selling residential and commercial properties
2012Gurugram, Haryana, IndiaUSD 146.45 MUSD 25.52 M1,188
A platform for residential property buying is facilitated by PropTiger.
2011Gurugram, Haryana, IndiaUSD 99 M
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Related news about Broker Network

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Frequently Asked Questions about Broker Network

Broker Network was founded in 2020 and raised its 1st funding round 1 year after it was founded.

Broker Network is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Rahul Yadav is the CEO of Broker Network, as recorded in our data. They have also founded this company.

Broker Network is a funded company, having raised a total of $148.04K across 2 funding rounds to date.

Broker Network has 1,775 employees.

The primary company behind Broker Network, 4B Networks Private Limited, reported revenue of β‚Ή17.92 Cr for FY 2022, up 295846% year on year.

Founded in 2020 in Mumbai, India, Broker Network operates in the real estate sector. A platform is offered where property or client requirements can be posted by brokers and matched with counter requirements from verified peers. Connections are facilitated via chat or call. Details on upcoming projects and offers are shared, enabling links to verified sales agents. The service is accessible through apps on Android and iOS devices.

Broker Network's top competitors include PropertyPistol Realty, RealBetter and BeyondWalls.

Broker Network has 3 investors. Key investors include Info Edge, Allcheckdeals, and Stride Ventures.

The valuation of Broker Network is $178.24M as of Oct 2022.

Broker Network is associated with 2 legal entities: 4B Networks Private Limited, Info Edge (India) Limited.

Yes. Broker Network was acquired by Info Edge in May 2022.

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