Real estate start-up NoBroker.com has raised $210 million Series E funding at a $1 billion valuation, 2.5 times the company’s last valuation of $400 million in March 2020. With this fundraise, the total funding raised by NoBroker has touched $361 million. Four segmentsStarted as a real estate marketplace, NoBroker.com today has four segments — renting/buying houses (NoBroker), home services (packers and movers, painters, cleaners), financial services (NoBroker Pay), and society management (NoBrokerHood). Of these, the company’s real estate services contribute 50-55 per cent to overall revenue, and home services and financial services contribute 20-25 per cent each. We believe that it will act as a funnel which will feed into NoBroker in terms of bringing customers for its real estate, home services, or financial services,” Garg added.

Source: The Hindu November 23, 2021 13:53 UTC