When it comes to renting a house in major Indian cities without dealing with brokers, proptech unicorn NoBroker immediately springs to mind. True to its name, the company eliminates intermediaries and directly connects tenants with property owners for real estate transactions. Founded in 2014 by IIT alumni Akhil Gupta, Amit Kumar Agarwal, and Saurabh Garg, NoBroker offers a comprehensive suite of real estate solutions, including rentals, sales, property resale, loans, packing and moving services, and legal documentation.
In November 2021, NoBroker achieved unicorn status—joining the elite club of companies valued at over a billion dollars—after securing $210 million in funding. Co-founder and Chief Tech and Product Officer Akhil Gupta explains their vision: “We aimed to create a technology-driven platform where property owners and buyers could interact directly, without the interference of third-party brokers.”
However, NoBroker’s innovation extends beyond eliminating brokers. Over the past seven years, the company has actively explored artificial intelligence (AI) to enhance its offerings. Their latest B2B product, Convozen, leverages a small language model (SLM) to empower service agents. Unlike larger language models (LLMs), SLMs use a smaller neural network, fewer parameters, and less training data. Convozen’s AI-driven conversational intelligence platform analyzes customer interactions, providing valuable insights to improve overall business efficiency. It employs advanced machine learning (ML) techniques to transcribe and extract information from conversations conducted in multiple languages.
NoBroker’s commitment to technology-driven solutions positions them at the forefront of India’s proptech landscape, revolutionizing the way people rent and buy properties.
I was recommended this website by my cousin I am not sure whether this post is written by him as nobody else know such detailed about my trouble You are amazing Thanks