
NoBroker
Founded Year
2014Stage
Series E - II | AliveTotal Raised
$376.4MValuation
$0000Last Raised
$5M | 7 mos agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+20 points in the past 30 days
About NoBroker
NoBroker provides a home rental platform that helps to find new homes without paying any brokerage fees. It offers verified listings to find homes by contacting the owners directly. Also helps to look for flatmates or post a requirement for flatmates using a shared accommodation feature. The company was founded in 2014 and is based in Bengaluru, India.
Expert Collections containing NoBroker
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
NoBroker is included in 2 Expert Collections, including Real Estate Tech.
Real Estate Tech
2,484 items
Startups in the space cover the residential and commercial real estate space. Categories include buying, selling and investing in real estate (iBuyers, marketplaces, investment/crowdfunding platforms), and property management, insurance, mortgage, construction, and more.
Unicorns- Billion Dollar Startups
1,221 items
Latest NoBroker News
Sep 21, 2023
Advertisement Gated communities are a hot favourite amongst not only NRIs but affluent Indian residents as well. Chennai, NRI Advertisement The non-resident Indians, better known as NRIs, might be having a Swades moment. No, they are not returning to their homeland but have been noticed as buying property in the country with gusto. In an interview to Business Insider, Saurabh Garg, Co-founder and Chief Business Officer at NoBroker said, “We have witnessed a 35% growth year-on-year in the investment of NRIs in Indian residential real estate. This burgeoning trend is especially evident in their preference for gated communities, which offer a host of amenities.” Gated communities are a hot favourite amongst not only NRIs but the affluent Indian residents as well. Just a month back, a Hyderabad-based construction firm launched a Rs 3,000 crore gated community project claiming that it is the biggest in the city which has steadily seen a rise in rentals in the past few years. Adds Garg, “These communities provide not only enhanced security but a host of modern lifestyle resources, all of which contribute to an elevated lifestyle and high returns on investment (ROI) should they decide to rent out or sell later.” The logic behind the rise in NRI investment The increased investment in Indian real estate by NRIs can be attributed to the ease of investment, owing to technological changes, especially as things are now online. Advertisement The increased demand from NRIs is especially from the gulf countries, followed by Singapore, the United States, and Australia, says the NoBroker research. Chennai, Hyderabad, and Mumbai have seen maximum demand, but no surprises there. Parallel to this trend, NRIs are also showing notable interest in senior living real estate projects for their parents or grandparents. These properties usually have healthcare facilities or partnerships with nearby healthcare providers. Thus, their elders can have easy access to medical assistance within the comfort of their homes. “A substantial 65% (of the interested NRIs) are opting to purchase properties for personal use, either for themselves or their parents,” Garg adds. Advertisement Other interesting trends The NoBroker half-yearly report points to some changing patterns in the Indian real estate market, especially when renting is concerned. 3BHK units in greater demand: Potential buyers from Bangalore, Chennai and Delhi-NCR prefer 3BHK units over the earlier favourite 2BHKs. The primary reason behind this is the hybrid work culture as there is a need for a larger space to work as well as live. Further Investments: For the first time in many years, property owners are getting the “asking price” for their properties. The report says that 40% of landlords are considering investing in a new property. Quick renting turnaround: On average gated society properties get rented out 30% faster than non-gated society properties, says the report. 52% of the surveyed in Delhi mentioned that their properties got rented out within a fortnight. This was 46% in Mumbai. {{}} NewsletterSIMPLY PUT - where we join the dots to inform and inspire you. Sign up for a weekly brief collating many news items into one untangled thought delivered straight to your mailbox. Email address
NoBroker Frequently Asked Questions (FAQ)
When was NoBroker founded?
NoBroker was founded in 2014.
Where is NoBroker's headquarters?
NoBroker's headquarters is located at 374 23rd Cross Road, Bengaluru.
What is NoBroker's latest funding round?
NoBroker's latest funding round is Series E - II.
How much did NoBroker raise?
NoBroker raised a total of $376.4M.
Who are the investors of NoBroker?
Investors of NoBroker include Google, General Atlantic, Tiger Global Management, Moore Strategic Ventures, Elevation Capital and 12 more.
Who are NoBroker's competitors?
Competitors of NoBroker include NestAway and 7 more.
Compare NoBroker to Competitors

NestAway operates a managed online marketplace for shared accommodation for Indian citizens. The company seeks to turn houses available for renting into fully-furnished and managed apartments and provide them to pre-verified tenants. It assists with move-in, provides home maintenance services from cleaning, and manages to rent payment and even move-out. The company was founded in and is based in Bangalore, India. In June 2023, NestAway was acquired by Aurum PropTech at a valuation of $10.9M.

YourOwnROOM is a prop-tech residential real estate asset management company. The company provides high-quality ready-to-move-in professionally managed Co-Living and Family rental homes. YourOwnROOM was founded in 2016 and is based in Bengaluru, India.
Colive is a rental exchange platform. It provides managed co-living spaces. It facilitates users with single-occupancy rooms, shared rooms, common space, fitness rooms, storage space, and more. The company provides its services to students, couples, families, and others. The company was founded in 2016 and is based in Bengaluru, India.

Colive is a co-living space provider of branded and serviced homes for students, single professionals, and young couples. It offers a variety of services, such as housekeeping, security, event planning, laundry facilities, common areas for socializing, and more. It was founded in 2016 and is based in Bengaluru, India.

OYO provides hospitality services. The company offers a chain of leased and franchised hotels, homes, and living spaces. It was founded in 2012 and is based in Gurugram, India.
Somm is a Toronto-based, female-founded, and female-led technology company focused on making wine more approachable and accessible to everyone. With machine learning at its core, Somm's recommendation engine and intuitive design puts a sommelier in everyone's pocket. Taking the guesswork out of wine and connecting its users to a whole new world of choice, the company is unlocking the wine world for the masses.