NoBroker.com raises $51 million in Series C funding

Bengaluru, June 6Real estate start-up NoBroker.com on Thursday announced raising of $51 million in Series C funding. This brings the total funds raised by NoBroker to $71 million. The round was led by General Atlantic and included participation from existing investors SAIF Partners and BEENEXT. The start-up claims that more than 25 lakh properties are registered on its platform and more than 60 lakh individuals have used its services.

Mayank Khanduja, Principal at SAIF Partners said, “With increasing digital penetration, a new creed of real estate customers has emerged in India that wants the transaction to be convenient and fast.” NoBroker.com also launched Home Store, which is a one-stop shop for services that are required by a customer to complete a real estate transaction, including loans, packers and movers, legal documentation, among others.