Property unicorn backed by $366m from marquee investors
Demand for homes in Chennai has never been higher, and homebuyers are more discerning and proactive than ever before, says Saurabh Garg, Co-founder and CEO of NoBroker, India’s first proptech unicorn backed by US$366 million from marquee investors.
NoBroker Property Carnival, held on 23-24 Nov in Chennai’s Hyatt Regency, Annasalai, for the first time, had over 15 of the southern state capital city’s top developers showcasing properties under one roof.
On offer was the latest projects from reputed names like Pacifica, VGN, Purvankara, Purva Land, Elephantine, LML, BSCPL, Shriram Properties, KG Builders, DRA, Casagrand, Urbanrise, Adroit, Sameera, VR Foundation, Radiance, and Marutham Group, among others.
NoBroker is committed to providing homebuyers with a seamless and stress-free journey, offering cutting-edge technology solutions at every stage of the home-buying process, from property selection to booking. Attendees can take advantage of the NoBroker Property Carnival’s unique on-the-spot offers, including attractive discounts, customized payment plans, and home loan assistance, all under one roof.
The platform has raised US$366 million from marquee investors, including General Atlantic, Tiger Global, Google, Elevation Capital, Moore Capital, Beenext, and KTB Ventures. Vijay Shekhar Sharma and Anand Chandrasekaran are angel investors in the company.
NoBroker.com, India’s first proptech unicorn, is a tech-driven, brokerage-free real estate platform that streamlines real estate transactions. With over 3.5 crore registered users across Bangalore, Mumbai, Pune, Chennai, Hyderabad, and Delhi-NCR, NoBroker.com is the world’s largest P2P real estate platform.
Founded by Akhil Gupta (IIT Bombay), Amit Kumar Agarwal (IIT Kanpur, IIM Ahmedabad), and Saurabh Garg (IIT Bombay, IIM Ahmedabad), NoBroker is committed to organising India’s largely unorganised real estate market. Fiinews.com
