Proptech startup NoBroker said it has raised $210 million in its Series E funding round, with its valuation crossing $1 billion and making it the latest entrant to the coveted unicorn club.
The funding round was led by General Atlantic, Tiger Global, and Moore Strategic Ventures.
NoBroker.com, which has now become India's first proptech unicorn, said it will use the funds to grow its community app and marketplace NoBrokerHood from 10,000 societies to one lakh societies over the next two years; improve its tech infrastructure; invest in its home and financial services; integrate AI/ML to make the process of finding and listing a rental hassle-free, and deepen its investments in resale and primary sale verticals.
