Building a Unicorn in the most challenging sector; the NoBroker Story with Co-Founder & CTO, Akhil Gupta

The Neon Show

19-12-2022 • 51 mins

Recently the trend in startups has been around growing fast, scaling faster, and becoming humongous with viral products, ideas & marketing.

But in most cases, such ideas come crashing down in a short span of time, because of the lack of depth either in the product or the customer base.

In this episode, almost after a year and half since we published NoBroker Founder Amit Agarwal’s episode, we have with us his Co-founder Akhil Gupta to talk more about their journey of building NoBroker with depth in every market and focus on customers over the last 10 years.

During the episode, Akhil shares the ups and downs in their journey, along with the initial response they got while they were trying to raise their first round, what are his thoughts about the current & future of the housing market in India, and more.

Notes -

01:26 - Early Product Market Fit moment for NoBroker

07:19 - Clarity to make NoBroker the largest Real Estate solution in India

08:53 - The most challenging obstacles

13:35 - Defining moments in their journey

15:19 - Mistakes they made being founders

16:46 - Key factors why they succeeded

20:35 - Zoho Sponsored – Prashant Ganti on What does Zoho Payroll do and what’s the story behind it?

21:36 - Future Plans

23:41 - How they become the Amazon of Real Estate

25:16 - Passion behind starting NoBroker

30:40 - Why they got rejected by so many VCs

32:29 - Realistic way of building a sustainable growing startup

38:07 - Reason behind the sky-rocketing of rentals in Bangalore

42:04 - Impact of global factors on the Indian Housing market

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