Business Standard

Brokerage-free firm NoBroker raises $51 million in Series C funding

The firm claims to have more than 2.5 million properties registered on its platform

Dollar, US Dollar
Premium

Karan Choudhury New Delhi
Brokerage-free firm NoBroker.com on Wednesday announced it had raised $51 million in Series C funding. To date, the company has raised around $71 million. This round roughly values the company at $160 million.

The round was led by General Atlantic and existing investors, including SAIF Partners and Beenext Ventures. The firm claims to have more than 2.5 million properties registered on its platform. General Atlantic has invested over $41.5 million in the company in this round.

“This current funding round will support us in our plans to expand our operations. Our objective is to accelerate customer and deal-closure growth and continue to

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in