NoBroker joined the Unicorn Club on Nov 23, 2021 after raising a $210 million Series E funding round led by General Atlantic, Tiger Global Management, and Moore Strategic Ventures, reaching a $1.06 billion valuation. Headquartered in Bengaluru, Karnataka, India, NoBroker provides a platform for property rentals, sales, and related services connecting owners with tenants or buyers.
The platform offers rental agreements, property cleaning, moving assistance, and tools for property management and legal support. It streamlines property transactions and related services through technology and digital tools.
Keep reading to learn how NoBroker became a leading residential and commercial real estate tech unicorn.
What Is NoBroker and What Does It Do?
Founded in 2014, NoBroker is a proptech platform enabling direct connections between property owners and prospective tenants or buyers without brokerage fees. The platform offers services for rentals, property sales, and related support such as legal assistance, cleaning, and moving services.
NoBroker combines property listings, automated tools, and customer support to simplify real estate transactions. It also provides resources for rental agreements, property management, and community services to improve customer experience in the housing market.
How Much Funding Has NoBroker Raised?
1. Series A Round
- Amount Raised: $3 million
- Date: February 2015
- Lead Investors: Angel and early backers
- Purpose: Launch and establish the platform
2. Series B Round
- Amount Raised: $10 million
- Date: February 2016
- Lead Investors: BEENEXT, KTB Ventures
- Purpose: Expand user base and improve platform features
3. Series C Round
- Amount Raised: $51 million
- Date: June 2019
- Lead Investors: General Atlantic, Tiger Global Management
- Purpose: Accelerate growth and expand into new markets
4. Series D Round
- Amount Raised: $50 million
- Date: October 2019
- Lead Investors: Tiger Global Management
- Purpose: Enhance technological infrastructure and user experience
5. Series E Round
- Amount Raised: $210 million
- Date: November 23, 2021
- Valuation: $1.06 billion
- Lead Investors: General Atlantic, Tiger Global Management, Moore Strategic Ventures
- Purpose: Scale services across geographies and expand product offerings
6. Series E (Google) Round
- Amount Raised: $5 million
- Date: March 01, 2023
- Lead Investors: Google Development Corp
- Purpose: Strategic partnership and technology enhancements
Total Funding Raised: $368 million Latest Funding Date: March 01, 2023 Latest Known Valuation: ₹7,850 crore Employee Count: 5,559 as of Aug 31, 2025
Key Investors
- General Atlantic
- Details: Global growth equity firm investing in high potential companies
- Focus Areas: Technology, consumer platforms, and proptech
- DST Global
- Details: Global venture capital fund backing large scale internet technology companies
- Focus Areas: Online marketplaces, internet platforms, and digital services
- Tiger Global Management
- Details: Investment firm backing fast growing technology companies
- Focus Areas: Consumer internet, proptech, and software platforms
- Google Development Corp
- Details: Strategic investment arm of Google supporting technology partnerships
- Focus Areas: Proptech innovation and platform scaling
Where Is NoBroker’s Headquarters?
NoBroker is headquartered in Bengaluru, Karnataka, India, serving as its central hub for product development, operations, and customer experience initiatives.
What’s Next for NoBroker?
NoBroker plans to expand its property services, enhance digital tools for real estate transactions, and grow its customer base across India. The company is focused on improving technology for listings, rental agreements, and additional services, while strengthening partnerships and operational efficiency to support long term growth.
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