Tiger Global funded $50 million to real estate platform NoBroker
Online real estate platform NoBroker has raised $50 million from Tiger Global Management and General Atlantic in a Series D round of funding.
- This is a second big investment deal, startup NoBroker completes in 2019 from leading investors.
- In June 2019 NoBroker raised $51million in a Series C round of funding from rocketship.vc, BEENEXT, General Atlantic, SAIF Partners.
- NoBroker has raised a total of $121 million from 11 investors in 6 rounds of funding.
NoBroker is a new home rental platform that makes it easier for the homeowner and customer to get home easily with no brokerage charge.
Online real estate platform makes life easier of the Indian middle-class living in urban areas, and solving a problem of easy and secure living.
Customers can find homes on rent from the platform and contact homeowners directly. The platform provides a listing option for both homeowners and customers can also list their requirements.
The listings provides options of flats for sale, home for rent, office space for rent, flats for PG, etc. The startup NoBroker.com not charging any brokerage but provides value-added services to the registered user, many plans available for the use.
NoBroker online real estate platform is a tech-driven C2C business model using machine learning and artificial intelligence to make easy payments, find listing easily, customer can reach easily to their need. To date, more than 30 lakhs registered users on the platform and over 70 tractions made by registered users.