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Akhil Gupta

Co-Founder and CTPO, NoBroker · 1 appearance on the record.

computed by AI from the episodes · how this works → · full disclaimer →

founderexecutiveengineer@akhil10s ↗LinkedIn ↗nobroker.in ↗

Akhil Gupta co-founded NoBroker, developing the technology behind India's first proptech unicorn that eliminates middleman brokerage fees in real estate transactions. An IIT Bombay chemical engineering graduate and former Oracle engineer, he single-handedly developed NoBroker’s initial platform and led expansions into services like NoBrokerHood and conversational AI.

20statements → 14claims → 7claims resolved → 57%fully supported → 4.05/5average certainty → 2.05/5average debate potential → ≈4.0/5argument clarity, estimated → 2said about them ↓

4 supported 2 partly supported 1 contradicted 7 not checkable as stated how the 14 claims stand · each chip opens the sources

2 predictions · 12 assertions · 2 opinions · 3 insights · 1 disclosure · every statement was checked. The predictions and assertions are the 14 claims: statements the public record can support or contradict. 7 are resolved, and 7 name no date, number or outcome precise enough to check. Everything else (opinions, insights, what ifs, disclosures) can never be settled by the record, so it carries no assessment.

The record, in short

What the tape says about how Akhil argues and how the claims held up. Everything they said, and everything said about them, is in the tabs below.

Their most notable supported claim

Prediction Held up
Gupta: Rental prices will not drop, but growth will moderate
“Rentals will not go down, but it will not increase at this pace.”
Akhil Gupta Dec 19, 2022 ▶ 41:28 Is India's Real Estate Industry Doomed? | NoBroker IITian Founder on The Neon Show

Their most notable contradicted claim

Assertion Contradicted
Gupta: NoBroker still holds its entire $210M funding round unspent
“The last round what we raised last November on a billion dollar value, that is all lying in our bank. So, two hundred and ten million dollars is what we raised. We have more than two hundred and ten million dollars in our bank.”
Akhil Gupta Dec 19, 2022 ▶ 20:15 Is India's Real Estate Industry Doomed? | NoBroker IITian Founder on The Neon Show

Expressed certainty vs assessment result

none yet certainty 1
none yet certainty 2
none yet certainty 3
80% certainty 4
50% certainty 5

weighted support: a fully supported claim counts one, a partly supported claim counts half. Each filled bar is clickable and opens exactly those claims; "none yet" means nothing said at that certainty level has resolved yet

How they sound: not measured why? →

We measure speaking style by listening to the audio itself, and a fair number needs at least 2,000 words from one person on tape we have measured. There is too little of Akhil Gupta on measured tape to publish a rate. This says nothing about how they speak.

Everything Akhil Gupta said on the Neon Show that made the record, most notable first. Filter by type, assessment or year in the ledger →

Opinion
Gupta: Indian real estate brokers are untrusted and viewed as 'half goons'
“Because, broker pe toh koi trust hini karta hai indiya ke andar. Everybody is shit scared of the broker, and these guys are like, kind of half goons.”
Akhil Gupta Dec 19, 2022 ▶ 11:16 Is India's Real Estate Industry Doomed? | NoBroker IITian Founder on The Neon Show
Insight
Gupta: Building tech in-house is always much cheaper in the long run
“Sometimes it might have taken us a little longer, but building in longer run always becomes much, much, much cheaper.”
Akhil Gupta Dec 19, 2022 ▶ 19:11 Is India's Real Estate Industry Doomed? | NoBroker IITian Founder on The Neon Show
Assertion Contradicted
Gupta: NoBroker still holds its entire $210M funding round unspent
“The last round what we raised last November on a billion dollar value, that is all lying in our bank. So, two hundred and ten million dollars is what we raised. We have more than two hundred and ten million dollars in our bank.”
Akhil Gupta Dec 19, 2022 ▶ 20:15 Is India's Real Estate Industry Doomed? | NoBroker IITian Founder on The Neon Show
Insight
Gupta: Building a meaningful startup takes 8 to 10 years
“This is the fact. No one can become two, four, five years.”
Akhil Gupta Dec 19, 2022 ▶ 32:49 Is India's Real Estate Industry Doomed? | NoBroker IITian Founder on The Neon Show
Assertion Not checkable as stated
Gupta: NoBroker's 22 million users makes it India's largest real estate platform
“We have like, 2.2 crore customers who have used us. I think, by far the largest.”
Akhil Gupta Dec 19, 2022 ▶ 37:40 Is India's Real Estate Industry Doomed? | NoBroker IITian Founder on The Neon Show
Assertion Partly supported
Gupta: The brain drain of IIT graduates emigrating has largely stopped
“The brain train, if you talk about nineties, every single IITN from India went out of India. Correct. But that has stopped now to larger extent.”
Akhil Gupta Dec 19, 2022 ▶ 48:05 Is India's Real Estate Industry Doomed? | NoBroker IITian Founder on The Neon Show
Assertion Not checkable as stated
Gupta: NoBroker is the number one real estate platform in India
“I think we have been able to execute well to be the number one player in India now.”
Akhil Gupta Dec 19, 2022 ▶ 8:48 Is India's Real Estate Industry Doomed? | NoBroker IITian Founder on The Neon Show
Prediction Not checkable as stated
Gupta: NoBroker's customer acquisition cost will always remain low
“So our CAC has been extremely low. Historically and going forward also, it will always be low.”
Akhil Gupta Dec 19, 2022 ▶ 17:24 Is India's Real Estate Industry Doomed? | NoBroker IITian Founder on The Neon Show
Disclosure
Gupta: NoBroker builds proprietary automated boom barriers for society management
“Boom barriers are automatic in the society, and we don't partner with anyone. We have done it ourselves, so that we have the control over the tech.”
Akhil Gupta Dec 19, 2022 ▶ 22:31 Is India's Real Estate Industry Doomed? | NoBroker IITian Founder on The Neon Show
Assertion Not checkable as stated
Gupta: NoBroker holds 20% to 25% market share in Bangalore
“On core real estate side, in cities like Bangalore, maybe we have 20, 25% market share, but we want to increase it to 60, 70%.”
Akhil Gupta Dec 19, 2022 ▶ 23:05 Is India's Real Estate Industry Doomed? | NoBroker IITian Founder on The Neon Show
Opinion
Gupta: I am fundamentally against tech employees moonlighting
“Let's say I'm against moonlighting. So, but that was a different kind of moonlighting, actually, where I had told my manager that I'm doing something, and I never let my work even in Oracle suffered for that particular thing.”
Akhil Gupta Dec 19, 2022 ▶ 29:08 Is India's Real Estate Industry Doomed? | NoBroker IITian Founder on The Neon Show
Insight
Gupta: Maturing a new city market takes 2.5 to 3 years
“Typically ڈھائی سے تین سال لگتا ہے ایک سٹی کو mature ہوکے grow ہوکے decent پیسا کرنے میں sufficient mass build کرنے میں”
Akhil Gupta Dec 19, 2022 ▶ 35:40 Is India's Real Estate Industry Doomed? | NoBroker IITian Founder on The Neon Show
Assertion Partly supported
Gupta: Bangalore rental prices near IT hubs surged 40% to 80% post-COVID
“So if you see the houses, the flats, near to the hubs of IIT, the prices have gone up drastically. To give you the number, it has gone up by anywhere between 40% to 80%.”
Akhil Gupta Dec 19, 2022 ▶ 40:25 Is India's Real Estate Industry Doomed? | NoBroker IITian Founder on The Neon Show
Prediction Held up
Gupta: Rental prices will not drop, but growth will moderate
“Rentals will not go down, but it will not increase at this pace.”
Akhil Gupta Dec 19, 2022 ▶ 41:28 Is India's Real Estate Industry Doomed? | NoBroker IITian Founder on The Neon Show
Assertion Supported
Gupta: Strong IIT graduates easily earn 200,000 rupees monthly
“A good IATN from a good college, they can easily make two lakh rupees per month, which is not a small money.”
Akhil Gupta Dec 19, 2022 ▶ 48:46 Is India's Real Estate Industry Doomed? | NoBroker IITian Founder on The Neon Show
Assertion Supported
Gupta: NoBroker raised $3M from SAIF Partners (Elevation Capital)
“So we had raised three million from SAP Partners, which is now Elevation.”
Akhil Gupta Dec 19, 2022 ▶ 4:56 Is India's Real Estate Industry Doomed? | NoBroker IITian Founder on The Neon Show
Assertion Not checkable as stated
Gupta: Every employee worked the day after broker mob attack
“The next day, not even single employee took a leave. Everybody showed up. And I think that was the most defining moment for us.”
Akhil Gupta Dec 19, 2022 ▶ 6:56 Is India's Real Estate Industry Doomed? | NoBroker IITian Founder on The Neon Show
Assertion Not checkable as stated
Gupta: COVID dropped transactions to zero before a two-day remote pivot
“As COVID came, we saw our everything, all the transactions coming down to zero, moving such big team to their house and enabling them to work from their house. And again, we were like, I'll say lucky or smart enough to ensure that we have the tech in our contr…”
Akhil Gupta Dec 19, 2022 ▶ 12:41 Is India's Real Estate Industry Doomed? | NoBroker IITian Founder on The Neon Show
Assertion Supported
Gupta: NoBroker allows NRIs to rent and register Indian properties remotely
“We started ensuring that even NRI doesn't have to fly back to India. Being in US, you can rent your house and get it registered with the government approved rental agreement also.”
Akhil Gupta Dec 19, 2022 ▶ 15:00 Is India's Real Estate Industry Doomed? | NoBroker IITian Founder on The Neon Show
Assertion Not checkable as stated
Gupta: Modern IIT resumes regularly feature founder and CEO experience
“So the way CVs have changed. When we were, what did we write? I mean, becoming a general secretary of hostel, institute, that was a big achievement. It's a great extracurricular activity. On that basis, companies will be shortlisting. You love it. So this was …”
Akhil Gupta Dec 19, 2022 ▶ 50:04 Is India's Real Estate Industry Doomed? | NoBroker IITian Founder on The Neon Show

The other half of the tape: Akhil Gupta's own voice is left out of every number here. Other people bring the name up 2 times in 1 episode on the Neon Show. every mention, with the transcript →

Who brings them up most Amit Agarwal 2

Every mention by year

tap a year for its mentions
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0112021episodes it came up in
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2021 2 mentions in 1 episode

Appearances (1)

EpisodeDateSpeaking time
Is India's Real Estate Industry Doomed? | NoBroker IITian Founder on The Neon Show Dec 19, 2022 38m
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