Results · Commerce & Consumer Brands
NoBroker aims to be profitable in 8-10 months, FY26 revenue crosses ₹1,000 crore
By Startup Enthusiast ·

- Date
- Company
- NoBroker
- What it does
- real estate platform with no brokerage fees
- Kind
- Results
- Stage
- growth
- Based in
- Bengaluru
- Founded
- 2013
What they do
NoBroker is a real estate platform that lists properties for rent, buy, and sell without charging customers brokerage fees
What happened
The company reported revenue of ₹1,000 crore in FY26 and aims to become profitable within 8-10 months
Why it matters
It is expanding into additional services like movers and packers, home interiors, and housing society management through its NoBrokerHood app
The details
- NoBroker, a real estate platform based in Bengaluru, reported revenue of ₹1,000 crore in FY26 and aims to become profitable within 8-10 months.
- The company does not charge customers any brokerage fees and operates in 6 cities: Bengaluru, Mumbai, Pune, Hyderabad, Chennai, and Delhi-NCR.
- It offers additional services like movers and packers, home interiors, and housing society management through its NoBrokerHood app, which operates in 11 cities.
- NoBroker serves more than 25,000 societies and 48,00,000 families.
- The company's revenue grew to ₹965 crore in 2024-25 from ₹888 crore in the previous year, reducing losses by 25-30% to around ₹300 crore.
- NoBroker is not currently looking to raise funds or launch an IPO but may consider it after achieving profitability.
- The company's revenue is split evenly between its core real estate business and other services like Packers & Movers, NoBrokerHood, home services, and home interiors.
The bigger picture
- NoBroker is the first unicorn in the proptech sector, having raised $210 million in 2021 at a $1 billion valuation.
- The company's strategy focuses on expanding into high-potential verticals like home interiors and housing society management to drive growth.
- Its revenue growth and cost optimization have helped reduce losses significantly, signaling progress toward profitability.
About the business
- NoBroker is a real estate platform that connects property owners and renters without charging brokerage fees.
- It operates in 6 cities in India and has a society management app called NoBrokerHood that operates in 11 cities.
- It also offers additional services like movers and packers, home interiors, and housing society management.
- NoBroker generates revenue through paid plans for better leads in its core real estate business and from its other services.
What happens next
- NoBroker aims to become profitable within 8-10 months.
- The company may consider an IPO after achieving profitability.
- It plans to expand its services into high-potential verticals like home interiors and housing society management.
The deal
- Type
- results
Investors
- General Atlantic (investor) — A global private equity firm that invested in NoBroker in 2021.
- Tiger Global (investor) — A venture capital firm that invested in NoBroker in 2021.
Founders
- Amit Kumar Agarwal, co-founder and CEO
- Akhil Gupta, co-founder
- Saurabh Garg, co-founder