HouseEazy Raises Rs 150 Crore to Simplify Home Resale with Tech
- Accel leads Rs 150 Crore Series B round in resale focused proptech startup
- Startup to expand operations to major Indian cities like Mumbai, Pune, and Bengaluru
- Provides fast, secure resale transactions through AI-powered real estate platform
HouseEazy, a tech-driven resale real estate platform, has raised Rs 150 crore (~$17 million) in a Series B round led by Accel, with participation from existing investors Chiratae Ventures, Antler, and top venture debt funds. The latest funding follows its $7 million Series A in August 2024.
Founded by Tarun Sainani and Deepak Bhatia, the startup aims to transform the traditional home resale process, which is often slow, offline, and lacks transparency. HouseEazy claims to complete home resale deals within weeks, compared to the usual 5-6 months.
The fresh capital will be used to strengthen its technology, expand into new markets like Mumbai, Pune, and Bengaluru, and enhance its full-stack services. These include instant price discovery, AI based valuations, AR/VR home tours, legal support, mortgage facilitation, and property refurbishment.
Built on over 2 million data points, its AI engine delivers real-time pricing, helping sellers get accurate, transparent valuations. Buyers can also explore homes virtually, making the experience faster and more convenient.
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Currently operating in Noida, Gurugram, and Ghaziabad, HouseEazy has a network of 4,000+ channel partners.
Deepak Bhatia, Co-Founder of HouseEazy, said “India’s secondary housing market is huge but lacks trust and structure. We built HouseEazy to offer a safe, tech-led platform for both buyers and sellers”.
Pratik Agarwal, Partner at Accel, added, “HouseEazy is solving major pain points in resale housing. We’re excited to support their vision”.
