General Atlantic leads $51 mn funding in home rental platform NoBroker

 · The week’s funding was dominated by one deal – real-estate tech startup NoBroker raised $51 million as part of its Series C round led by General Atlantic.

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Bengaluru-based NoBroker Technologies Solutions Pvt. Ltd, which owns and runs a property-listing portal for renting homes, has raised $51 million (around Rs 354 crore) in a Series C round led by US-based private equity firm General Atlantic.

Bangalore-based real estate property operator NoBroker said today it has raised $51 million in a new round of funding. The Series C. The Series C financing round for the five-year-old startup was led by General Atlantic .

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The current funding round will help NoBroker expand its operations and help in accelerating According to CEO and Co-founder of NoBroker Amit Kumar, the current funding round will help In addition, the money will be invested to grow NoBroker’s home store and financial services offering.

Real estate platform nobroker hits near $160-m valuation after the recent round while local. General Atlantic leads $51 million NoBroker funding. NoBroker. com clocks 1.05 lakh buy-sell, home renting transactions in FY18.

General Atlantic has led a $51 million investment round in real estate platform NoBroker, which values the company at roughly $160 million. General Atlantic led the round with a $41.5 million cheque, while SAIF invested $7.5 million, reported ET. Vertices Partners represented the Founders of.

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