Bengaluru-based NoBroker, a real estate search portal is set to receive fund worth $100-130 million, more than doubling its valuation in three months to $400 million, three people privy to the development said, In June, General Atlantic invested $51 million in the startup.

The round consists of a small secondary share sale component. An investor requesting anonymity said “NoBroker’s focus on being a transaction led, asset-light business is luring investors. The company is looking to build products that generate customer recall beyond a one-time touchpoint of rental and sale, including paying monthly rent, which makes it an attractive customer brand.”

Tiger Global is simultaneously leading a $55-60 million round in MyGate, a security app for gated premises. Earlier it invested in Nestway, a market place for shared rentals. An investor who is directly aware of Tiger Globals’s plan said, “For Tiger, these are all complimentary bets in a very large and fragmented real estate space in India.” This year Scott Shleifer, partner and head at Tiger Global, has invested in almost 20 companies and is in talks with several others.

Even though this is an aggressive strategy, it will be interesting to see how many of these companies receive follow-up on capital from Tiger Global.