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NoBroker raises additional Rs 40 Cr in Series E funding

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Google has invested an extra Rs 40 crore ($5 million) to the proptech startup NoBroker's Series E fundraising round, joining prior backers General Atlantic, Tiger Global, and Moore Strategic Ventures.

The fresh capital will be used to reach out to more customers across current and new cities, and use tech to streamline the entire real estate journey from search to shifting houses to managing society.

The current raise is an expansion of the startup's Series E round. In November 2021, NoBroker raised a massive $210 million and made its entry into the coveted billion-dollar valuation club.

As part of the funding deal, Google and NoBroker will collaborate to enhance user experience and work towards making the real estate journey seamless from finding a home to living in a housing society.