“NoBroker, a Bangalore-based startup that helps those looking to rent or buy an apartment connect directly with property owners, has extended its previous financing round to add $30 million to it.
General Atlantic has invested $30 million in NoBroker’s Series D round, which the startup unveiled in October last year. The round, now closed at $80 million, pushes five-year-old NoBroker’s to-date raise to $151 million, the startup’s founders told TechCrunch.
NoBroker helps people looking to buy or lease an apartment avoid brokers, who charge a significant fee. The startup has expanded to six new cities in the last three months (now serving a dozen cities in total), and has expanded to new categories including gate keeping, moving and packing, helping tenants secure home loans, formulating agreements between tenants and the property owner, and fulfilling furniture and other decor needs.”
Read more at https://techcrunch.com/2020/04/16/indias-nobroker-raises-an-additional-30m-from-general-atlantic/
