Nobroker.com
Clash Royale CLAN TAG#URR8PPP  | |
Type | Real Estate,Technology,E-commerce |
|---|---|
| Founded | March - 2014 |
| Founders | Akhil Gupta, Amit Kumar Agarwal,, Saurabh Garg |
| Headquarters | Bengaluru, India |
Area served | Bengaluru, Mumbai, Pune, Chennai, Gurugram |
| Services | Property - Rent,Sell,Buy, Packers And Movers, Rent Lease Agreement |
| Website | www.nobroker.com |
NoBroker.com is a Bangalore based real estate search portal that connects flat owners and tenants directly with each other.[1][2] The company does not charge any brokerage from either parties.[3] Founded in 2014, the company has 4 lac users, which it claims are genuine owners and home seekers. It is operational in 5 cities namely, Mumbai, Bangalore, Pune, Chennai and Gurugram[4].[5][6]
NoBroker was founded by IIT and IIM Ahmedabad graduates, Amit Kumar Agarwal, Akhil Gupta & Saurabh Garg because they claimed that brokers do not add value in the real estate transaction and still charge heavy brokerage.[1][2][6] NoBroker claims to work on the backbone of a technology that identifies and bans brokers. Early 2014 NoBroker started operations in Mumbai.[7] As on date NoBroker has operations in Mumbai, Bangalore, Pune, Chennai and Gurugram.[8][9]
In February 2014, the company raised $3M in series A from SAIF Partners and Fulcrum Venture India, venture capital companies in India.[3][10] NoBroker had started as a rental platform but it recently forayed into brokerage free buy/sell property as well.[11][12] In February 2016 NoBroker has closed series B funding of $10M from Japan-based BeeNext.[13]
NoBroker.com created an algorithm which identifies and bans brokers from the portal.[14] They offer services like creating and registering rental agreements and getting it home delivered.[14]
The company also has an Android app with a crowd sourcing feature called 'click and earn'.[15]
According to some media reports the company’s office in Bangalore was attacked by local brokers.[16]
References
^ ab "Tech in Asia - Connecting Asia's startup ecosystem".
^ ab "Why you need NoBroker to find your dream house". e27.
^ ab "Absence of organised players in the house rental space gives newbies like NoBroker, Grabhouse, others a perfect space". The Economic Times.
^ "NoBroker.com to expand to 5 more cities this year".
^ "NoBroker.com ventures into property resale | Forbes India". Forbes India. Retrieved 2017-10-06.
^ ab Sriram Sharma. "Seven Startups That'll Help You Find a House, Without a Broker". NDTV Gadgets360.com.
^ "Tech in Asia - Connecting Asia's startup ecosystem".
^ "Realty portal NoBroker enters Chennai". The Times of India.
^ Mihir Dalal. "NoBroker to expand to 20 cities in six months to boost supply". Live Mint.
^ "Peer-To-Peer Rental Service NoBroker Grabs $3M To Battle India's Property Brokers". TechCrunch. AOL. 22 February 2015.
^ "Forbes India Magazine - NoBroker.com ventures into property resale".
^ "Property listing site NoBroker enters re-sale market". The Economic Times.
^ "India's NoBroker Lands $10M To Make Property Agents Obsolete". TechCrunch. AOL. 24 February 2016.
^ ab "No Broker website and app to rent houses more easily". TechnoTreats.
^ Mihir Dalal. "NoBroker launches mobile app". Live Mint.
^ Mihir Dalal. "NoBroker office attacked in Bengaluru". Live Mint.
External links
- Official website
Online real estate databases | |
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