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Real estate platform NoBroker looks to increase headcount by 500


BENGALURU: Onlinereal estateplatformNoBrokeris looking to hire 500 people for itstechnologyand product teams across senior and junior levels, and is also looking fortalentto run its various business functions as well as head important customer touchpoints.

The Bengaluru-based firm has hired 500-odd new professionals across its marketing, technology, and business operations verticals through this year, despite the pandemic, taking its total headcount to almost 2,000. It has also rolled out a 15% average hike to 200 senior employees and regular quarterly incentives to customer service executives.

“While growth did slow down for us initially, and our customer base dipped by almost half we were able to get back on our feet quite quickly and fortunately have not laid off any employees and have not deducted any salaries, either,” Amit Agarwal, co-founder of NoBroker, told ET.

“At a time when many businesses have been forced to shut shop or scale down their operations, we are fortunate to have grown exponentially. We are rewarding our senior employees, many of whom have been with NoBroker since the beginning, with salary hikes for their efforts in driving this growth. We have also expanded our technology, marketing, and business operations teams with new recruits and are looking to further scale up our operations,” Agarwal said.

The company is also prioritising hiring HR managers who can innovate on rolling out employee engagement initiatives which can make an impact while a large part of the workforce is still working from home.

The strategic recruitment will help the company identify and cater to the evolving real estate customers’ needs and provide them with access to tech-enabled real estate services, he said. The company has recently launched services in five new cities and is looking to expand to 50 cities over the next six months.

Founded by Akhil Gupta from IIT-Bombay, Amit Agarwal from IIT-Kanpur and IIM-Ahmedabad, and Saurabh Garg from IIT-Bombay and IIM–Ahmedabad, NoBroker is working towards streamlining India’s largely unorganised real estate industry. The platform has raised a total funding of $151 million from marquee investors such as General Atlantic, Tiger Global, Elevation Capital, Beenext and KTB Ventures.

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