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What is the revenue model of NoBroker?
NoBroker’s main source of operating revenues comes from the sale of its subscription plans, which is responsible for making up around 44\% of the operating revenues. The total revenue collected from its subscription plans also saw a growth of 98.3\%, from Rs 14.02 crore in FY19 to Rs 27.8 crore in FY20.
What is no brokerage app?
NoBroker App is for real estate buying and selling activities. Nobroker states that they eliminate brokerage between buyers and sellers. There are many other services which can be availed using the NoBroker app. NoBroker app helps the seller and buyers to meet at one platform for property sale.
How many employees does no broker have?
Company Growth (employees)
| Employees (est.) (Dec 2021) | 1,399 | (+4\%) |
|---|---|---|
| Website Visits (Sept 2021) | 8.9 m | |
| Cybersecurity rating | F | More |
What is the current headcount of the no broker company?
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.
Is NoBroker a unicorn?
The round values NoBroker at $1.01 billion, making it the first property tech (proptech) and real estate startup to achieve unicorn status. A ‘unicorn’ is a privately held startup with a valuation of $1 billion and above.
How can I get on NoBroker for free?
Answers ( 2 )
- Download the free NoBroker app from the Google Play Store or the App Store.
- Register using your contact number/email id.
- On the app, kindly search for properties as per your requirements.
- You can directly contact owners from the search results.
Is no broker a good company?
Nobroker is a very good company, we can make money as monthly incentives and weekly, It’s a very good place to work, we have to work in different teams on daily basis and if we achieve company targets we can easily earn incentives but it depends on the team you work.
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.
What is a revenue model?
What is a revenue model? A revenue model lays out the process by which your business makes money. In a revenue model you specify how you are going to charge for the products or services that you provide.
What is the brokerage model of internet business?
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.
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.