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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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
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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.
- Total Funding Total Funding
- Total Rounds 9
- Last Round Series E — $5.0M
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First Round
First Round
(20 Feb 2015)
- Investors Count 17
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2023 | Amount | Series E - NoBroker | Valuation | ||
| Nov, 2021 | Amount | Series E - NoBroker | Valuation | General Atlantic , Tiger Global Management |
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| Oct, 2019 | Amount | Series D - NoBroker | Valuation | Tiger Global Management |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Private equity fund focused on global markets
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Founded Year | Domain | Location | |
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Venture and private equity investments are managed with global diversification.
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Founded Year | Domain | Location | |
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Early-stage venture capital fund
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by NoBroker
NoBroker has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include SocietyConnect. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| 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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2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - NoBroker
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Nobroker Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online listing platform for buying and selling residential and commercial properties
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| domain | founded_year | HQ Location |
Residential properties are listed and searched through an app-based platform.
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| domain | founded_year | HQ Location |
An AI-enabled search engine and related digital services are provided.
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| domain | founded_year | HQ Location |
Residential real estate search engine
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| domain | founded_year | HQ Location |
Real estate properties are discovered via an online portal.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Nobroker
Frequently Asked Questions about NoBroker
When was NoBroker founded?
NoBroker was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Where is NoBroker located?
NoBroker is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of NoBroker?
Amit Kumar Agarwal is the current CEO of NoBroker. They have also founded this company.
Is NoBroker a funded company?
NoBroker is a funded company, having raised a total of $367.74M across 9 funding rounds to date. The company's 1st funding round was a Series D of $80M, raised on Feb 20, 2015.
How many employees does NoBroker have?
As of Apr 06, 2024, the latest employee count at NoBroker is 6,368.
What is the annual revenue of NoBroker?
Annual revenue of NoBroker is $82.17M as on Mar 31, 2023.
What does NoBroker do?
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.
Who are the top competitors of NoBroker?
NoBroker's top competitors include Zillow, PropertyGuru and Trulia.
What products or services does NoBroker offer?
NoBroker offers Property Listing Platform, Rental Agreement Service, and Packers and Movers.
How many acquisitions has NoBroker made?
NoBroker has made 1 acquisition, including SocietyConnect.
Who are NoBroker's investors?
NoBroker has 17 investors. Key investors include Google, General Atlantic, Beenos, Fulcrum PE, and Tiger Global.
What is NoBroker's valuation?
The valuation of NoBroker is $953.61M as of Mar 2023.
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