About NoBroker
NoBroker is a company based in Bengaluru (India) founded in 2013 by Akhil Gupta and Amit Kumar Agarwal. NoBroker has raised $367.74 million across 9 funding rounds from investors including Google, General Atlantic and Beenos. The company has 6,368 employees as of April 06, 2024. NoBroker has completed 1 acquisition, including SocietyConnect. NoBroker offers products and services including Property Listing Platform, Rental Agreement Service, and Packers and Movers. NoBroker operates in a competitive market with competitors including idealist, Zillow, Yandex, Trulia and PropertyGuru, among others.
- Headquarter Bengaluru, India
- Employees 6368 as on 06 Apr, 2024
- Founders Akhil Gupta, Amit Kumar Agarwal
- Stage Soonicorn
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Sectors
Real Estate & Construction
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Email
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Phone
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Website
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Social
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- Legal Name Nobroker Technologies Solutions Private Limited
- Date of Incorporation 08 Dec, 2014
- Jurisdiction Bengaluru, Karnataka, India
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Annual Revenue
$82.17 M (USD)84.8as on Mar 31, 2023
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Net Profit
-$60.87 M (USD)-63.79as on Mar 31, 2023
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EBITDA
-$66.13 M (USD)-61.67as on Mar 31, 2023
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Total Equity Funding
$367.74 M (USD)
in 9 rounds
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Latest Funding Round
$5 M (USD), Series E
Mar 01, 2023
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Investors
Google
& 16 more
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Employee Count
6368
as on Apr 06, 2024
- Investments & Acquisitions
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Products & Services of NoBroker
NoBroker offers a comprehensive portfolio of products and services, including Property Listing Platform, Rental Agreement Service, and Packers and Movers.
Platform for buying and renting properties without brokerage fees
Assistance in creating rental agreements for property transactions
Service for moving and packing household items during relocations
People of NoBroker
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Funding Insights of NoBroker
NoBroker has successfully raised a total of $367.74M across 9 strategic funding rounds. The most recent funding activity was a Series E round of $5 million completed in March 2023. 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.
Investors in NoBroker
NoBroker has secured backing from 17 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Google, General Atlantic and Beenos.
| Investor | Description | Founded Year | Domain | Location |
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Private equity fund focused on global markets
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Venture and private equity investments are managed with global diversification.
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Early-stage venture capital fund
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Locked | Locked | Locked |
Investor details for NoBroker
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by NoBroker
NoBroker has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include SocietyConnect.
Investment portfolio details for NoBroker
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Society management platform for bills, complaints, and facilities is provided.
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Locked | Locked | 2015 | Locked |
Complete acquisition details for NoBroker
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Financial Statements - NoBroker
Detailed financials for NoBroker
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Nobroker Comparisons
Peer comparison for NoBroker
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Competitors of NoBroker
NoBroker operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as idealist, Zillow, Yandex, Trulia and PropertyGuru, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Online listing platform for buying and selling residential and commercial properties
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Residential properties are listed and searched through an app-based platform.
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An AI-enabled search engine and related digital services are provided.
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Residential real estate search engine
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Real estate properties are discovered via an online portal.
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Detailed competitors of NoBroker
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Latest news on Nobroker
Complete news archive for NoBroker
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Frequently Asked Questions about NoBroker
NoBroker was founded in 2013 and raised its 1st funding round 2 years after it was founded.
NoBroker is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Amit Kumar Agarwal is the current CEO of NoBroker. They have also founded this company.
NoBroker is a funded company, having raised a total of $367.74M across 9 funding rounds to date.
As of Apr 06, 2024, the latest employee count at NoBroker is 6,368.
Annual revenue of NoBroker is $82.17M as on Mar 31, 2023.
Provider of a platform for property rentals, sales, and related services. It offers options for property owners and those seeking accommodations. The platform facilitates agreements, property maintenance, and financial transactions. Additionally, it extends its services to commercial properties, new projects, and advisory support.
NoBroker's top competitors include Zillow, PropertyGuru and Trulia.
NoBroker offers Property Listing Platform, Rental Agreement Service, and Packers and Movers.
NoBroker has made 1 acquisition, including SocietyConnect.
NoBroker has 17 investors. Key investors include Google, General Atlantic, Beenos, Fulcrum PE, and Tiger Global.
The valuation of NoBroker is $953.61M as of Mar 2023.