Joining us today is Mr. Saurabh Garg, the Co-Founder and CBO of India’s first Proptech Unicorn, NoBroker.
During the last decade, one of the fastest growing sub-sectors within Indian Real Estate has been Proptech, as an increasing number of real estate transactions have been happening online. This surge is reflected in the investor market as well, with a total of $4 Billion in funding being poured into Indian proptech ventures since 2009.
However, no progress comes without it’s fair share of challenges. One such challenge being the disparity of information and transparency between the supply side (traditionally developers and brokers) and the demand side (traditionally real estate buyers and investors).
Today, Mr. Garg talks to us about his prop-tech solution to address this challenge, amongst several others faced by tenants and homebuyers.
With a history of successful entrepreneurship with his first venture, The Four Fountains Spa, Mr. Garg decided to start NoBroker in 2014, to address the pain points he had personally faced as a prospective tenant.
Over time, NoBroker has become a full stack service provider, with an array of property services, catering to them achieving a company value at over $1B in their most recent funding round.
Mr. Garg takes us through his journey with NoBroker, their expansion into complimentary verticals, and the application of data and algorithms to understand consumer behaviour, and improve the consumer experience within real estate.
So without further ado, let’s get started!
Have questions about Real Estate? Or topic you would love to hear more about on the Podcast?
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