Amit Agarwal
Co-founder & CEO, NoBroker. On 1 show, 1 appearance. The Shows tab opens the full record on each.
founderexecutive@AmitKumarA ↗LinkedIn ↗nobroker.in ↗
Amit Kumar Agarwal is the co-founder and CEO of NoBroker, an Indian proptech platform that eliminates brokerage fees. Prior to launching the company, he completed degrees at IIT Kanpur and IIM Ahmedabad and worked in financial services at PwC and ANZ Bank.
1shows
1appearances
21statements
4resolved
4supported
0contradicted
100%fully supported
14said about them ↓ Everything Amit Agarwal said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Agarwal: Mass real estate ads fail because shifting houses isn't impulsive
“If I show you right now, if I show you the world's best ad to shift a house, will you shift a house? Because there's a one by 12th chance that if you shift a house every year, one by 12th chance that you will be in that month today. So what is more important i…”
Agarwal: Zero Entry Barriers and Cash Deals Degrade Real Estate Brokerage
“Because this field does not have any entry barrier, right? At least for advising a client about taxes, you need to have a degree. You need to perhaps be a CA. You need to be a doctor to give any mental advice, but to give advice about which house you should ta…”
Agarwal: VCs avoid risky new ideas to protect their LP returns
“And although it is being said in the general, in the VC industry that they love to take risk and love to put money behind the new ideas, but actually they don't. They all, they need to return money to their own investors, and they would like to take a bet on s…”
Agarwal: Expanding real estate marketplaces to new cities is a vanity metric
“And we felt that adding more cities is also another vanity metric because it gives you a feeling of aha that you are expanding, you have become a larger company, bigger company. But for a moment, just think about from a customer's point of view. As a customer,…”
Agarwal: In India, converting free users to paying one rupee is hardest
“In Indian context moving from a customer who is paying zero rupees to who is paying one rupee is a very big move. But from one rupee to a hundred rupees is not a big move at all. If a customer has taken out his wallet and he is ready to pay one rupee, he will …”
Agarwal: Two years on a startup risks only 10% of a career
“See, I have around what, 25 years left to work more, and what if I give only 10 percentage of that? So two years if I give to startup, and if I earn nothing, and even if I blow out the savings which I have, I still have 90 percentage of my career left. So, so …”
Agarwal: Housing.com's $90M round scared off three NoBroker investors
“So we were in conversation with three VCs who were, in the end, who were very bullish, and who wanted to basically invest, and we reached the valuation stage, valuation discussion stage with them. But the moment Economic Times printed that news about housing.c…”
Agarwal: NoBroker generates 50-60% of revenue from core real estate
“So our majority of the revenue, 50, 60 percentage of our revenue comes from the core real estate business. Then comes the home services, which basically forms under 30 percentage of the revenue, which is about, right, everything, right, from home loan to insur…”
Agarwal: A mob of 70 angry brokers stormed NoBroker's office
“Suddenly one day when we were basically in this house, which I told you earlier that we had rented out, we were working and there were some 80 to a hundred employees that our company was big at that point of time. And suddenly we see some 60, 70 brokers standi…”
Agarwal: C2C Real Estate Marketplaces Take Longer Than Broker-Led Models
“When you have broker led model, you can quickly make a website. You can get brokers to post properties for free, et cetera. And you can build attraction pretty quickly, but getting a customer to customer side is very time consuming.”
Agarwal: NoBroker raised $3M in its first funding round in early 2015
“The first check was 18 crores three million dollars and which basically came into two two tranches, one million and then two million. And this basically deal was finalized in early two and 15.”
Agarwal: Grabhouse had the exact same model as NoBroker and led by six months
“Grabhouse.com, which was founded by another very good founder they were doing exactly what we were doing and they were ahead ahead of us by, I would say six months with the bigger numbers, well even more famous investors backing them.”
NoBroker stayed in Mumbai and Bangalore for two years before expanding
“So in Mumbai and Bangalore, I think we were there for almost two years before we expanded to more cities and then we slowly expanded to four or five cities more, but it was very gradual and very thought after.”
Agarwal: 90% to 95% of NoBroker users use the platform for free
“Even today, 1995 percentage of the customers in different categories, we allow for free and the rest basically pay.”
Agarwal: NoBroker raised $20M across its first five years
“We raised three million dollars, then seven million dollars and then 10 more million dollars. So we raised twenty million dollars in the first five years of our journey.”
NoBroker raised $130M in under a year after $20M in five years
“Suddenly from a twenty million dollars in five years, suddenly one thirty million dollars more in, in next less than one year was something which basically gave us a lot more fuel than we had earlier received.”
Agarwal: NoBroker's three founders shared a single hotel room when fundraising abroad
“We went to Japan, we went to Singapore, we went to South Korea to raise funds and many times it Involve two visits because you need the IEC, then you need one more time and so on. And of course, if you see from a logical point of view, you have couple of crore…”
Agarwal: NoBrokerHood keeps NoBroker top-of-mind with apartment residents year-round
“So no brokerhood came comes naturally to us because this is a business in which you deal directly with the apartment residents who are our eventual customers anyway. And this is a good way for us to connect with the customers who are using us for their rental …”
Agarwal: NoBroker has surpassed 12M customers and 5M property listings
“So I believe that today, wherever no broker is, and we have more than 1.2 crore customers, we have more than Half a crore property listings posted on no broker site till now.”
Agarwal: NoBroker had 1,000 to 1,500 monthly listings in early 2015
“NoBroker basically had was in was in two cities, Bombay and Bangalore. And I think the number of listings would be barely thousand in a month, thousand, 1500 in the months, in the month.”
The other half of the tape: Amit Agarwal's own voice is left out of every number here. Other people bring the name up 14 times in 1 episode across the shows. every mention, with the transcript →
Who brings them up most Siddhartha Ahluwalia 14
Every mention by year
tap a year for its mentions
the Neon Show 14
2022 14 mentions in 1 episode
One line per show, most statements first. The link opens Amit's full record on that show: the calibration, argument clarity, speaking style and every statement made there.
| Show | Role there | Eps | Statements | Record | |
|---|---|---|---|---|---|
| NEON SHOWLEDGER | Co-founder & CEO, NoBroker | 1 | 21 | 100% 4/4 | full record on the Neon Show → |