NoBroker, a subscription-based house hunting platform, is raising Rs 18 crore from Trifecta in a form of debt and preference capital. While Rs 16 crore is via the purchase of 160 Series A Debentures priced at Rs 10 lakhs each, 849 Series B2 CCPS at the rate of Rs 23,511.84 will account for the rest Rs 2 crore investment.
Last we heard, the Mumbai-based firm had started a ‘NoBroker Pay’ feature that allowed the users to pay rent.
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