NoBroker Bets Beyond Home Listings on Services & Fintech, Eyes Profit in 12-15 Months
The proptech player is cross-selling home services (Zivora), beauty and financial products to its large free user base to widen thin margins. FY24 saw ₹803 Cr revenue against ₹411 Cr losses, with financial services set to hit ~22.4% of FY26 revenue as it takes on Urban Company, Snabbit and proptech rivals.
NoBroker is diversifying beyond property listings into home services (Zivora), beauty, and financial services, cross-selling to its large free user base. It targets profitability in 12-15 months, competing with Urban Company, Snabbit and proptech rivals amid thin-margin challenges.
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