HouseEazy, full-stack marketplace for resale homes, has raised Rs 150 crore in Series B funding round led by Accel, with participation from existing investors Chiratae Ventures, Antler and leading venture debt funds.
This fresh round of funding follows HouseEazy’s Series A raise in August 2024.
India’s $100 billion secondary real estate market-largely fragmented and offline.
HouseEazy enables home transactions to close within weeks, compared to the industry norm of five to six months. Its AI-powered pricing engine, offers real-time, transparent pricing to sellers.
Buyers benefit from AR/VR-powered exploration tools, allowing them to virtually tour the refurbished homes and make purchase decisions faster.
Founded by Tarun Sainani and Deepak Bhatia, the platform is led by a team with over 30 years of collective expertise in the real estate sector, having successfully managed a $2 billion portfolio of residential assets.
“In just three years, we have helped over 2,500 homeowners transact properties worth more than Rs 2,000 crore. Our GMV ARR has doubled year-on-year to reach Rs 850 crore, with strong unit economics. With this new funding, we are ready to expand HouseEazy into new cities and unlock adjacent business lines,” said Tarun Sainani, Co-Founder, HouseEazy.
Currently active in Noida, Ghaziabad, and Gurgaon, HouseEazy now plans to expand into other Tier-1 markets like Pune, Mumbai and Bengaluru.
“India’s housing market is enormous but lacks trustworthy and structured solutions for the consumers. HouseEazy’s tech-led, consumer-first model solves some of the biggest pain points and delivers a 10X experience,” said Pratik Agarwal, Partner, Accel.
This fresh round of funding follows HouseEazy’s Series A raise in August 2024.
India’s $100 billion secondary real estate market-largely fragmented and offline.
HouseEazy enables home transactions to close within weeks, compared to the industry norm of five to six months. Its AI-powered pricing engine, offers real-time, transparent pricing to sellers.
Buyers benefit from AR/VR-powered exploration tools, allowing them to virtually tour the refurbished homes and make purchase decisions faster.
Founded by Tarun Sainani and Deepak Bhatia, the platform is led by a team with over 30 years of collective expertise in the real estate sector, having successfully managed a $2 billion portfolio of residential assets.
“In just three years, we have helped over 2,500 homeowners transact properties worth more than Rs 2,000 crore. Our GMV ARR has doubled year-on-year to reach Rs 850 crore, with strong unit economics. With this new funding, we are ready to expand HouseEazy into new cities and unlock adjacent business lines,” said Tarun Sainani, Co-Founder, HouseEazy.
Currently active in Noida, Ghaziabad, and Gurgaon, HouseEazy now plans to expand into other Tier-1 markets like Pune, Mumbai and Bengaluru.
“India’s housing market is enormous but lacks trustworthy and structured solutions for the consumers. HouseEazy’s tech-led, consumer-first model solves some of the biggest pain points and delivers a 10X experience,” said Pratik Agarwal, Partner, Accel.
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