Friday, April 19

Tag: NoBroker

NoBroker raises $30 Million in funding led by General Atlantic
FUNDING

NoBroker raises $30 Million in funding led by General Atlantic

Mumbai, Apr 17th, 2020: Bengaluru-based startup NoBroker raises $30 Million (about Rs 230 crore) in funding led by private equity player General Atlantic. With this funding round, NoBroker so far raises USD 151 million. "This USD 30 million investment is an addition to the Series D funding, wherein the company raised USD 50 million or over Rs 615 crore in October last year taking it to USD 80 million. The initial round of Series D funding was led by Tiger Global, and General Atlantic had also participated in it," the company said in a statement. The company plans to utilise the funds for expanding to new cities and also go deeper in the existing cities and service more customers. "We are focused on building India''s largest one-stop platform for all real estate needs. This fun...
Realty Platform NoBroker raises $51 million
FUNDING

Realty Platform NoBroker raises $51 million

Realty portal NoBroker.com has raised USD 51 million from investors, including General Atlantic in Series C Funding. The funding will use to expand its business in India. The realty platform NoBroker has raised total USD 71 million so far. "The round was led by General Atlantic and included participation from existing investors SAIF Partners and BEENEXT," the company said in a statement. NoBroker.com is a tech-based, brokerage-free real estate platform that makes real estate transactions seamless and efficient. It also provides other services starting from house search to packers and movers, home loans, cleaning services etc. More than 25 lakh properties are already registered on NoBroker and over 60 lakh individuals have used the portal's services. "We plan to use this ...