NoBroker enters into home interiors space business

01 Apr 2022 CW Team

NoBroker, a real estate Proptech platform, has ventured into the home interiors space, for which it plans to make approximately Rs 100 crore worth of investments.

The company told the media that it has proceeded with its first home-in-store experience centre in Bengaluru, and plans to expand in cities like Mumbai, Pune, Chennai, Hyderabad and Delhi-NCR.

Amit Agarwal, CEO and Co-Founder of NoBroker, said that there is a lot of fragmentation in the home interiors market. For homeowners wishing to renovate or create their space, finding the correct designer, contractor, carpenter, or freelancer may be a difficult undertaking.

The task usually requires many visits to various providers. They frequently wind up with providers that lack both competence and reputation.

Agarwal said that through their design experts and the benefit of being able to pick from everything under one roof, they hope to provide the right information to the consumers.

NoBroker was founded in 2013 by IIT alumni Saurabh Garg, Amit Kumar Agarwal and Akhil Gupta.

The company offers a tech-based brokerage-free real estate platform, allowing the users to buy, sell, and rent properties across six significant metros including Bengaluru, Mumbai, Pune, Chennai, Hyderabad and Delhi-NCR.

In November 2021, the firm raised $210 million as a part of its latest Series E funding round, which was headed by General Atlantic, Tiger Global Management and Moore Strategic Ventures.

NoBroker claimed to be the first property technology (Proptech) and real estate business to attain Unicorn Status.

The company announced an employee stock ownership plan (ESOP) repurchase scheme for past and present workers earlier this month, worth Rs 32.2 crore.

Image Source

Also read: Gruhas Proptech to roll out $150 mn proptech focused fund

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..