NoBroker
NoBroker is growing beyond broker-free rentals into home services, with last-fiscal revenue above ₹1,000 crore and losses narrowed to about ₹300 crore (NDTV Profit, 6 Sept). It still loses money, though it cut AI usage costs by 80% in under 24 months (Financial Express, 27 Sept).
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Our read of each move first, where we have one; what the report said is marked Reported.
Background
From 6 stories, the newest dated 27 Sept 2026. Summary written 3 Oct 2026.
NoBroker is a Bengaluru-based proptech platform that launched in 2014 to eliminate property brokerage and has expanded into home transaction and management services.[1] source: Financial Express
Show 3 more paragraphs and 6 sources
Its growth is supported by paid property listings, movers and packers, home interiors, home services and the NoBrokerHood society-management platform.[2] source: Business Standard NoBrokerHood operates in 11 cities and serves over 25,000 societies and 48 lakh families.[3] source: NDTV Profit
NoBroker said in September 2026 that FY26 revenue exceeded ₹1,000 crore (unaudited), compared with ₹965 crore in FY25 and ₹888 crore in the previous fiscal year.[4] source: The Hindu BusinessLine It targets profitability within 8-10 months, and its FY25 loss of about ₹300 crore was down 25-30%.[2] source: Business Standard It is prioritising cost optimisation over fresh fundraising or an IPO.[3] source: NDTV Profit In July 2026 it launched the at-home beauty brand Zivora in Bengaluru.[5] source: Financial Express Financial Express reported in September 2026 that NoBroker cut AI usage costs by 80% in less than 24 months.[6] source: Financial Express The platform says it has raised $366 million.[1] source: Financial Express
Financial Express named Elevation Capital, General Atlantic, Moore Strategic Ventures and Tiger Global in its company profile of NoBroker.[1] source: Financial Express With Zivora, NoBroker entered an at-home beauty segment led by Urban Company and Snabbit.[5] source: Financial Express
Sources
Questions about NoBroker
What are NoBroker's expansion plans?
NoBroker launched its Zivora at-home beauty brand in Bengaluru in July 2026.[5] source: Financial Express As of September 2026, its NoBrokerHood platform operates in 11 cities, including Bengaluru, Hyderabad, Mumbai, Pune, Chennai and the National Capital Region.[3] source: NDTV Profit
How fast is NoBroker growing in India?
NoBroker said in September 2026 that its FY26 revenue exceeded ₹1,000 crore (unaudited), up from ₹965 crore in FY25 and ₹888 crore in the previous fiscal year.[4] source: The Hindu BusinessLine
What is NoBroker's current strategy in India?
NoBroker said in September 2026 that it targets profitability within 8-10 months and is prioritising cost optimisation over fresh fundraising or an IPO.[3] source: NDTV Profit It launched the at-home beauty brand Zivora in Bengaluru in July 2026.[5] source: Financial Express It also cut AI usage costs by 80% in less than 24 months, Financial Express reported in September 2026.[6] source: Financial Express
Who are NoBroker's main competitors?
NoBroker's at-home beauty brand Zivora, launched in Bengaluru in July 2026, enters a segment led by Urban Company and Snabbit.[5] source: Financial Express
Stories that mention NoBroker
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NoBroker is named in these stories but is not their subject.