Private Equity PE-VC Fund Investments
Proptech startup HouseEazy raises Rs.150 crore led by Accel
Source HouseEazy (opens in a new tab)Business Line (opens in a new tab)
Noida-based HouseEazy , a marketplace for re-sale homes, has raised INR 150 crore in a Series B funding round led by Accel India. The round also saw participation from existing investors Chiratae Ventures and Antler India.Founded in 2021 by Tarun Sainani and Deepak Bhatia, HouseEazy is a digital platform that facilitates the buying and selling of pre-owned residential properties by streamlining the resale process. It is currently active in Noida, Ghaziabad, and Gurugram and now plans to expand into other Tier-1 markets including Pune, Mumbai and Bengaluru.The new funds will be used for technology advancements, geographic expansion, and brand growth, while strengthening its basket of services.
Company website ↗ (opens in a new tab)
Between Dec 2023 and Aug 2024, HouseEazy had attracted about USD 8 M from AC Ventures, Alteria Capital, Antler India, Finvolve, Chiratae Ventures and others.For FY24, HouseEazy had reported about INR 11 Cr in Operating Income and about INR 0.3 Cr in PAT.