Mr. Amit Kumar is a visionary entrepreneur and co-founder of NoBroker, the world's largest Customer-to-Customer (C2C) marketplace and India's first and only property tech unicorn. In an industry often perceived as opaque with a strong presence of middlemen and information asymmetry, his groundbreaking work with NoBroker has revolutionized the real estate sector by eliminating intermediaries, making property transactions truly between customers.
Over the past decade, NoBroker has transformed the real estate landscape, growing to a valuation of over Rs.8,300 crore and generating an impressive annual revenue of Rs.1,200 crore. Under his leadership, NoBroker has not only served more than 3 crore customers but also helped ordinary people save a staggering Rs.16,000 crore in brokerage fees. Mr. Amit's commitment to democratic growth extends to all stakeholders, enabling employees to generate wealth exceeding Rs.500 crore through ESOPs and providing employment to over 6,500 people.
He completed his graduation in civil engineering in the year 2000 and masters from IIM Ahmedabad. Mr. Amit's passion for giving back to the community shines through his active mentorship of budding entrepreneurs, angel investments in multiple start-ups, and frequent speaking engagements at premier institutions like IITs, IIMs, and other engineering and management schools.
Mr. Amit is an influential figure in the start-up ecosystem. His dedication to nurturing entrepreneurship and developing the start-up community makes him a respected leader and an inspiration to many.
Honoring his stellar contribution in the field of entrepreneurship and startup ecosystem, IIT Kanpur confers upon Mr. Amit Kumar the Distinguished Alumnus Award 2024.