Revenue & Profit Outlook NoBroker.com, the Bengaluru‑based proptech unicorn, announced that its revenue for FY24‑25 crossed ₹1,000 crore, up from ₹965 crore in the previous year. The company’s loss narrowed to roughly ₹300 crore, a 25‑30% improvement, as it focuses on cost optimisation and higher margins. CEO Amit Kumar Agarwal stated that profitability is expected within the next 8‑10 months, with no plans to raise fresh capital or pursue an IPO at this stage.
Business Model & Growth Engines The platform’s core business—listing properties for rent, sale, and purchase—generates about 50% of its revenue, primarily through paid lead plans. The remaining 50% comes from complementary verticals such as Movers & Packers, home interiors, and the society‑management app NoBrokerHood, which serves 25,000 societies and 4.8 million families across 11 cities. By scaling these ancillary services, NoBroker aims to diversify income streams and accelerate the path to profitability.
Market Presence & Funding History NoBroker operates in six major cities—Bengaluru, Mumbai, Pune, Hyderabad, Chennai, and Delhi‑NCR—while NoBrokerHood is active in 11 cities. The company achieved unicorn status in November 2021 after raising $210 million at a $1 billion valuation, the first proptech unicorn in India. Despite this milestone, the firm remains focused on organic growth and internal capital efficiency rather than external fundraising or an IPO.
Overall, NoBroker’s strategy hinges on boosting revenue, trimming losses, and expanding high‑margin service verticals, positioning it for profitability without external dilution.