Proptech startup Homexchange raises $4-M from HDFC Capital, Oberoi Realty, Anarock

Property technology startup Homexchange has raised USD 4 million (about INR 32 crore) from HDFC Capital, Oberoi Realty and Anarock Group. The company will use the funds for geographic expansion and to develop partnerships, for hiring and to strengthen technology. Homexchange helps consumers upgrade to a new residential property in lieu of their old property. It has a presence in Mumbai, Thane and Bengaluru, and claims to have executed transactions of about INR 120 crore till now.