Search company, investor...

Founded Year



Series E - II | Alive

Total Raised




Last Raised

$5M | 9 mos ago

About NoBroker

NoBroker is a proptech company operating in the real estate industry. The company offers a brokerage-free property search portal that connects property owners and tenants or buyers directly, eliminating the need for a middleman. Its services include providing verified properties for buyers and tenants, online rental agreements, and home services such as packing and moving. NoBroker was founded in 2014 and is based in Bengaluru, India.

Headquarters Location

374 23rd Cross Road

Bengaluru, 560102,


+91 9241700000



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

2,485 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

1,214 items

Latest NoBroker News

Not just domestic homebuyers, festival season attracting NRIs as well

Nov 9, 2023

However, lack of transparency and maintaining the property are among the prominent challenges for offshore investors, say experts November 09, 2023 / 04:47 PM IST The ongoing festive season between October and December, which peaks on Diwali or Deepawali in November, is all set to provide a further fillip to residential property sales, which have been on an upswing all year. Santosh Gowda, a Singapore-based non-resident Indian (NRI) is flying down to Bengaluru on November 16 to finalise the purchase of one of two 3BHK apartments, one close to MG Road or the other on Benson Street, for Rs 4.5-5.8 crore. Another NRI is flying down from the US on November 13 to complete the documentation work for a property he has picked up in Bengaluru. Though the deals were confirmed in the past few months, both of them have chosen the ongoing festival season to finalise the deals and complete the paperwork. The ongoing festive season between October and December, which peaks on Diwali or Deepawali in November, is all set to provide a further fillip to residential property sales, which have been on an upswing all year. Data from real estate consultancy Colliers India say the fourth quarter of last year's calendar year saw a 42 percent rise housing sales, more than double that of other quarters. And the Indian expat community is very much part of the bandwagon. Sunil Singh, director of Realty Corp, a Bengaluru-based consulting firm, said at least 20-25 percent of NRIs prefer to close the deals for buying residential properties on or around Diwali or Diwali. "While developers' offers or bank deals play a role, most of them want to commence the journey on an auspicious day," he said. Related stories Others in the field say over the last few years, the momentum of NRIs completing their purchases in the fourth quarter has increased significantly. Saurabh Garg, co-founder of proptech unicorn NoBroker, said the majority of NRI transactions happen on their platform between October and December—more than 20 percent in October and November, and between 30 and 40 percent in December. "Other than being auspicious for housewarming occasions, the last quarter of the year provides a key window for them (NRIs) to come to India owing to major holidays over Christmas and New Year. Today, even for sale documentation, they need to come to India," he added. Realtors add that the banking sector remains upbeat when it comes to homebuyers, including NRIs, and developers are foreseeing a positive outlook during the festive season. "We are expecting substantial growth this year, building on the strong demand in the real estate sector with the company posting a growth of 30-40 percent increase in sales value in Q1FY24," Bhavik Bhandari, chief sales and marketing officer at Mumbai-based real estate developer Ashwin Sheth Group. Bengaluru, Mumbai top choices for NRIs A recent survey conducted by NoBroker found that 29 percent and 24 percent of NRIs prefer to invest in properties in Bengaluru and Mumbai, respectively. The report, which surveyed more than 12,000 NRIs, found that by 2025, NRIs will contribute to 17 percent of investments in Indian real estate, up from 15 percent currently. This increase in NRI investment can be attributed to various factors, including their strong emotional connect with their home country, a desire to secure the property for future use, and the favourable policies introduced by the Indian government to attract foreign investments. The drawbacks Even as there is an upswing in NRI sentiments during the festive season, several problems continue to plague the offshore investors. The survey pointed out that more than 82 percent of NRI buyers have identified lack of information and transparency as major challenges when navigating the Indian real estate market, highlighting the pressing need for improved accessibility and clarity in the property purchase process. While maintaining properties can be a struggle for several investors, the NoBroker survey points out that most of them have resorted to property management companies to service the apartments, a choice of 52 percent of the people surveyed. "However, for rental purposes today, we see substantial month-on-month growth for hassle-free online transactions and rental agreements. More than 80 percent of rental agreements on our platform are being done online," Garg added. Souptik Datta Reports real estate, infra and city in Bengaluru.Btw, curiosity never kills the cat. first published: Nov 9, 2023 04:37 pm Discover the latest business news , Sensex , and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated! Trending news

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 Settlin and 7 more.


Compare NoBroker to Competitors

NestAway Logo

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.


Colive is a technology-driven company focused on the real estate and housing industry. The company provides fully-managed, ready-to-move-in homes that are conveniently located near major IT parks and business hubs. These homes are equipped with modern amenities and tech-enabled safety features, offering flexible and affordable living options for single professionals, young couples, and families. It was founded in 2016 and is based in Bengaluru, India.

OYO Logo

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.

Colive Logo

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.

YourOwnROOM Logo

YourOwnROOM is a prop-tech company operating in the residential real estate rental and property management sector. The company offers services such as rental management, which includes finding verified tenants, drafting and executing rental agreements, and managing rental collections, and property management, which includes property onboarding, offboarding, and maintenance. YourOwnROOM primarily serves the residential real estate industry. It was founded in 2016 and is based in Bengaluru, India.

SleepOut Logo
SleepOut is a Kenya-based online accommodation marketplace where users can find, offer and book unique accommodations online.


CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.