How NoBroker is locking down on a fee model to become profitable

NoBroker TechnologiesThe pitfall of excessive cash burn and rapid expansion of several digital real estate developers has led late entrant NoBroker Technologies Solutions to crack the revenue model in the rental space as a priority, before pressing expansion and diversifying into home-buying category. Founder Akhil Gupta of NoBroker, says the company, which raised $13m in two […]

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Times Internet chasing $1bn in revenue by 2022

revenueTimes Internet Ltd (TIL), the digital business arm of the country’s largest media company Bennett Coleman and Co. Ltd (BCCL), has set an ambitious target of achieving $1 billion revenue in five years or by March 2022. The company recently said it was on course to clock in Rs 1000 crore ($150 million) in net […]

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Exclusive: Why Times Internet wouldn’t be raising $100 mn for Magicbricks

Offer-ThinkstockPhotos-5212026922Times Internet Ltd (TIL), the digital business arm of media conglomerate Bennett Coleman, and Co. Ltd (BCCL) that runs several market-leading newspapers as well TV news channels, has scrapped its plans to raise $100 million from external sources for its realty portal MagicBricks. TIL CEO Gautam Sinha told Techcircle that the company shelved the plan as […]

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