Google LLC has invested $5 million, or about Rs 40 crore, in the real estate platform NoBroker Technologies Solution Pvt. in late-stage funding. As part of an extended Series E round, the investment came at a post-money valuation of about $1.06 billion, Saurabh Garg, the chief business officer at the Bengaluru-based company, told BQ Prime on Wednesday.
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Existing investors in NoBroker’s Series E round included General Atlantic Service Co., Tiger Global Management LLC, and Moore Strategic Ventures, LLC. The business presently operates across six cities, Bengaluru, Chennai, Delhi-NCR, Hyderabad, Mumbai, and Pune, and it wants to operate the fund to expand its services to more customers across the present and new cities.
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