Gupta: Maturing a new city market takes 2.5 to 3 years
Akhil Gupta · Is India's Real Estate Industry Doomed? | NoBroker IITian Founder on The Neon Show · Dec 19, 2022 · at 35:40
Akhil Gupta is co-founder and CTO of proptech unicorn NoBroker, discussing why real estate marketplace expansion requires measured timelines rather than rapid rollout.
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“Typically ڈھائی سے تین سال لگتا ہے ایک سٹی کو mature ہوکے grow ہوکے decent پیسا کرنے میں sufficient mass build کرنے میں”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Akhil Gupta
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.”
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.”
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.”
Gupta: Building a meaningful startup takes 8 to 10 years
“This is the fact. No one can become two, four, five years.”