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Broker Network, the proptech startup of Housing.com founder Rahul Yadav to raise INR 9 crore in funding from its sole and existing investor Info Edge.
Broker Network connects brokers with developers and buyers of real estate. It also allows users to list their properties on the platform and provides clients with home loan-related services through third-party lenders such as banks and non-banking financial corporations (NBFCs). The funding will be used to fuel the startup’s expansion and growth plans. The Mumbai-based startup claims to host over a million brokers and to have over 1,000 active real estate projects on its platform. Furthermore, the startup claims to have disbursed INR 4,000 Cr in home loans since its inception.