NoBroker becomes India’s maiden proptech unicorn

  • Real estate renting and buying platform, NoBroker, on Tuesday said it has raised $210 million as a part of its Series E funding round led by General Atlantic, Tiger Global Management, and Moore Strategic Ventures.
  • The round values NoBroker at $1.01 billion, making it the first property tech and real estate startup to achieve unicorn status.
  • Over the next two financial years, real estate buying is expected to account for almost 60% of NoBroker’s revenues due to higher ticket sizes.

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