Online real estate and rental start-up NoBroker has raised $30 million in a round, led by General Atlantic. This is an extension to their Series-D funding round of $50 million in October last year which was led by Tiger Global.
The Bengaluru-based start-up will use this funding to expand to new cities while going deeper in the existing markets and service more customers. It will also invest further in technology and its sales vertical.
“NoBroker's service and product innovations to improve choice, reduce transaction costs, enhance transparency and deliver convenience are driving significant organic listings and subscriptions on its platform.