NoBroker, a proptech business, said that it has raised $210 million in its Series E fundraising round, bringing its valuation to $1 billion and making it the newest member of the coveted unicorn club.
General Atlantic, Tiger Global, and Moore Strategic Ventures led the fundraising round.
NoBroker.com, India’s first proptech unicorn, said it will use the funds to expand 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 easier, and deepen its investments in resale and rental properties.