A Full-stack marketplace for resale homes, HouseEazy has successfully raised $7 million Funding in Series A Funding. This funding round was a combination of equity & debt directed by Chiratae Ventures & also registered participation from Alteria Capital & their current financial backers Antler.

The board at HouseEazy has given a sum of 3,915 offers at a face value of Rs.10 and premium of Rs.85, 666 on special premise and via private position, the organization's administrative filings with Recorder of Organizations show. Antler Innovation Fund contributed Rs.2.86 million, while Chiratae Ventures Fund contributed Rs.29.62 million.

IA Growth oppurtunities Fund and Veena Jindal contributed Rs.76.25 lakh and Rs.29 lakh individually. HouseEazy, according to the startup data intelligence platform TheKredible, has a post-money valuation of Rs.156 crore, or more than $18 million. The valuation of the business will change in response to the possibility of additional funding being raised during this round.

In the month of December 2023, HouseEazy brought $1 million up in a seed round directed by Tusk and got $370,000 in pre seed financing in the month of June 2022. HouseEazy, which was established in the year 2021 by Tarun Sainani and Deepak Bhatia, is building a full-stack, data-driven technology platform to offer buyers title-checked, refurbished, ready-to-move-in homes at the best prices and instant liquidity to sellers.

According to the Noida-based company, it uses a proprietary machine-learning algorithm with more than 1.25 million data points to provide real-time price offers, cutting out the need for sellers to meet multiple times and negotiate. HouseEazy claimed in December that it maintained profitability while attaining an ARR of Rs.250 crore (GMV).

The firm hopes to hit Rs.1, 000 crore ARR by Walk 2025 from the NCR market alone. For the monetary year finishing March 2023 (FY23), HouseEazy enrolled Rs.2.78 crore in working income with Rs.44 lakh in misfortune.