NoBroker, India’s real estate platform which is 100% brokerage free, has bagged $5 million in funding from Google, which joins existing investors General Atlantic, Tiger Global, and Moore Strategic Ventures in its Series E round.
NoBroker is a one-stop shop for all property-related needs from renting, buying, selling, home services, and financial services to society management services through NoBrokerHood.
NoBroker is also India’s first Proptech unicorn.
Google and NoBroker will collaborate to enhance user experience and work towards making the entire real estate journey of a user – from finding a home to living in a housing society, a seamless experience.
With its zero brokerage USP, NoBroker has made rent/buy/sell transactions more convenient and affordable for customers.
It has helped customers save brokerage to the tune of INR 110 Billion ( approximately $ 134 million) to date in rent/buy/sell transactions.
Today, the portfolio includes value-added services such as home loans, packers and movers, legal documentation, online rent payment, and many more.
It currently operates across six cities: Bangalore, Chennai, Delhi-NCR, Hyderabad, Mumbai, and Pune while NoBrokerHood operates in 5 additional cities- Kolkata, Coimbatore, Ahmedabad, Jaipur, and Lucknow.
NoBrokerHood, a society super app makes life more convenient and secure for residents of housing societies and townships. Its offerings encompass services such as visitor management, financial management, home services, community management, legal verification, and more.
It acquired Society Connect in February 2020 to integrate the financial module with its services on one single platform.
More than 10 million properties are already registered on the NoBroker platform, and more than 25 million individuals have used NoBroker services.
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