๐Ÿ’ซBusiness Overview of the Emerging PropTech Companies

1. Regrob

Vivek Ramam - Co-founder & Executive Director

Ashish Kaushik - Co-founder & CEO

Year of Foundation: 2014

Headquarter: Noida, India

Regrob is Fastest tech enabled Real Estate company of India .They have 50+ Successful Franchise in India. They have been awarded for asset light franchise model .They are only player which operates through franchise model.

It is founded by IIM & IIT graduates. Regrob is India's leading tech-enabled real estate brokerage firm. They have their presence in more than 50 franchise in India. Over 500 developers are now part of Regrob. They have a ten-year record of delivering the customers & partners only the best deals. They provide end-to-end service.

has the largest growing and biggest YouTube channel in real estate category in world with more than 4000 original video's of property . Every month they interact 3.5 lakh customer per month They've listed over 10,000 properties on the online portal.

They are first company in India to come up with IPO in real estate brokerage .

2. NoBroker- NoBroker acts as a digital peer-to-peer platform that allows homeowners/sellers and prospective tenants/buyers to connect directly without the involvement of a broker. It provides a subscription business model to customers who are looking to buy, sell or rent a property. NoBroker has 4 revenue models:

  • Freemium model for tenants

  • Freedom plan

  • Relax plan

  • MoneyBack plan

Apart from that, NoBroker also offers an array of home services like packers and movers, home cleaning, home painting, interiors, and a lot more. These are also among the notable sources of revenue for NoBroker.

Startup Name

NoBroker

Headquarters

Bangalore

Founders

Amit Kumar Agarwal, Saurabh Garg, Akhil Gupta

Founded

2014

Sector

Proptech, Real Estate

Elevator Pitch

NoBroker is a disruptive brokerage-free real estate portal that enables rent/buy/sell transactions by eliminating the middleman.

Employees

1000+

Total Funding

$424.5 million (November 2021)

Website

nobroker.in

Registered Entity Name

NoBroker Technologies Solutions Private Limited

3. Infra. Market- Infra. Market sells construction material, infrastructure goods and technical equipment which accounts for 98% of its total earnings. It has a mandate to bring technology, design and supply chain innovations to the relatively slow world of infrastructure and construction.

Infra.Marketโ€™s strategy has helped the company achieve the target of bringing value for customers by helping them save 5%-7% of their input cost. In a nutshell, Infra.Market truly believes that as a B2B ecommerce platform it is bringing Indiaโ€™s unorganized construction industry online.

Revenue for the Calendar Year 2020 stood at USD 137M up from 39.5M in the Calendar Year 2019. The five-year-old company generated revenues of Rs 1,243 crore during FY21, recording a 3.5X jump as compared to Rs 351 crore in FY20. The sale of goods grew 3.5X year-on-year to Rs 1,217.4 crore during FY21.

Apart from sales of construction goods, Infra.Market also provides contractual services of labour, technical consultants and project managers for infrastructure projects. This service income ballooned 21.3X YoY to Rs 25.5 crore in FY21 from only Rs 1.2 crore in FY20.

The company also generated another Rs 4.8 crore from its financial assets during the fiscal ended in March 2021.

4. Stanza Living- Stanza Living is a technology-enabled housing concept which provides fully furnished residences with amenities like meals, internet, laundry services, housekeeping, security and community engagement programmes.

The company has an asset-light business model under which it engages in long-term lease agreements with property owners/developers, who convert their assets into shared living residences as per company guidelines. These assets are subsequently operated by Stanza Living.

According to its website, Stanza Living manages more than 50,000 beds in over 150 residences across operating cities. During FY20, Stanza Living's operating revenue jumped 4.5X to Rs 74.53 crore from Rs 16.53 crore earned in FY19 while its annual losses climbed 7X to 119.4 crore in the same period. Government should give importance to policy implementation timing, an inside lag or a delay in implementing timing can cause economic conditions worse.

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