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What is NoBroker revenue model?
THE BROKERAGE MODEL. One Internet business model is the brokerage model. At the heart of this model are third parties known as brokers, who bring sellers and buyers of products and services together to engage in transactions. Normally, the broker charges a fee to at least one party involved in a transaction.
What is E brokerage?
E-brokerage allows users to buy and sell stocks electronically and obtain information with the help of a website. Almost all e-brokerage houses have simple sign-up and provide users the ability to make them their own financial manager.
Is NoBroker a startup?
NoBroker becomes India’s first proptech unicorn with fresh $210 million funding. The startup operates in several major Indian cities, including Bangalore, Delhi, Pune and Hyderabad. The startup has more than 7.5 million properties listed on its platform and over 16 million people have used its services.
Is NoBroker a product based company?
The content in this post has been approved by NoBroker. Anything that has to do with real estate, specifically as a purchaser has always been convoluted and annoying….NoBroker – Company Highlights.
| Startup Name | NoBroker |
|---|---|
| Founded | 2014 |
| Sector | Proptech, Real Estate |
How do I raise a complaint against NoBroker?
Either you can email them at [email protected]. One can call or Whatsapp them on 09241700000.
What is the current headcount of NoBroker?
The Bengaluru-based firm has hired 500-odd new professionals across its marketing, technology, and business operations verticals through this year, despite the pandemic, taking its total headcount to almost 2,000.
What are the types of revenue?
Here are the two main types of revenue:
- Operating revenue. Operating revenue is the income a company earns by conducting its core business operations.
- Nonoperating revenue.
- Gross revenue.
- Net revenue.
- Deferred revenue.
- Accrued revenue.
- Cost recovery method.
- Instalment method.
How does NoBroker make money?
The NoBroker revenue model has two parts: First, by attracting advertisements from furniture start-ups (it claims over 2.5 million user visits per month). It also earns revenue by offering services such as connecting tenants with movers and packers and drafting rental agreements.
Who is the co-founder of NoBroker?
Saurabh Garg acts as the Co-founder and CBO of the company. NoBroker currently operates with a team of 1000+ highly motivated individuals consistently working to offer better services to over 1.25 crore happy customers across Bangalore, Mumbai, Pune, Chennai, Hyderabad, and Delhi-NCR.
How hard is it to convince NoBroker co-founders to buy property?
Convincing them was not tough, as we had all had our fair share of hassle when looking for properties” says Saurabh Garg, Co-founder & CBO, NoBroker. Amit Kumar Agarwal is the Co-founder and CEO of NoBroker. Akhil Gupta serves as the Co-founder, Chief Tech and Product Officer of NoBroker. Saurabh Garg acts as the Co-founder and CBO of the company.
Who are nonobroker’s competitors?
NoBroker is up against some formidable rivals in the Indian property segment. SoftBank backed Housing.com, and PropTiger (which has received funding from News Corp) are the top rivals. Other competitors include Quikr, Magicbricks and 99Acres.