NoBroker raises $30 million from General Atlantic
NoBroker, has raised USD $30 million to its Series D funding round was led by General Atlantic. This brings the total funding raised by NoBroker to USD $151 million. “We have been tripling our revenue every year and this funding will help us further improve user experience and enable faster deal closures. We will continue to add value across the user journey with continuous investment in our home store and NoBrokerHood”, said Amit Kumar, CEO and co-founder of NoBroker. This is an extension to their Series D funding round of $50 million in October 2019 which was led by Tiger Global and General Atlantic had also participated in that round. “We will further invest in our financial services to make them accessible to more people”, said Akhil Gupta, CTO and co-founder of NoBroker. It had acquired society management and ERP solutions company Society Connect in an all-cash deal in February 2020.
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