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Online Real Estate Search Platform NoBroker To Hire More Staff

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The company, which raised funding of $30 mn in a series D round from General Atlantic in April 2020, is witnessing higher number of queries for rental housing

Online real estate search platform NoBroker.com has decided to hire over 100 people and hike salaries of its existing staff at a time when real estate companies are laying off staff and cutting salaries.

The company, which raised funding of $30 mn in a series D round from General Atlantic in April 2020, is witnessing higher number of queries for rental housing and they also expect business to grow despite the lockdown. 

“In the last 15 days, number of enquiries have jumped up considerably. A lot of them are looking to upgrade themselves to a bigger house,” said Amit Kumar Agarwal, co-founder and CEO, Nobroker.com.

The hiring, which is already in process, will be across marketing, business, operations and tech functions to support growth. 

The company is planning to give salary hikes in the range of 7-25% to its 1500 strong workforce. 

“We are going ahead with the bonuses and looking to hire people with 4-5 years of experience. We think enough talent is available in the market and in the coming days, we want to increase our market share,” said Akhil Gupta, co-founder and CTO, Nobroker.com.

The company recently partnered with HDFC’s payment App PayZapp for rent payment and launched grocery services on the NoBrokerHood app, which is company’s integrated visitor and community management app. 

A majority of the fresh hiring will be for those from a technology background to support its growth and capture the industry shift to online tech.

ALSO READ: Realty Markets of Pune And Bengaluru To Recover Fast Post COVID-19

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