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NoBroker Becomes India’s Latest Unicorn, Raises Funds At $1 Billion Valuation

One of its best-known startups might’ve stumbled at the stock markets, but India continues to churn out unicorn startups in 2021. NoBroker, which helps people buy and rent houses, has become India’s latest unicorn startup after a $210 million funding round. This makes NoBroker India’s latest unicorn startup, and the 38th startup to enter the unicorn club this year. NoBroker has not only become India’s latest unicorn startup, but it’s yet another company that had seen its valuation zoom over the last year. In 2020, NoBroker had raised funds at a valuation of $400 million, which implies that its valuation has risen 2.5 times over the course of the year.

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