Proptech unicorn NoBroker bags $5 million from Google in extended series E round
Indian proptech unicorn NoBroker has raised $5 million from Google Corporate Development in an extended Series E round as part of Google's $10 billion India Digitization Fund announced by Sundar Pichai in 2020.
The proptech had previously raised $191 million in a Series E round in 2021. This new funding brings its total funding raised to $430.9M over 13 rounds, according to Crunchbase data.
The unicorn proptech company offers a broad set of services to cater to a variety of property-related needs, such as renting, buying, selling, home services, financial services, and society management services.
It said the collaboration with Google will help NoBroker build products and solutions to simplify the home search and living experience for users.
NoBroker currently operates across six cities: Bangalore, Chennai, Delhi-NCR, Hyderabad, Mumbai, and Pune, while NoBrokerHood, its visitor and community management app, operates in five additional cities: Kolkata, Coimbatore, Ahmedabad, Jaipur, and Lucknow.
According to the co-founder and chief technology officer of NoBroker, Akhil Guptas, "the funding will help it reach out to more customers across current and new cities, and help it streamline the entire real estate journey."
