Resale-focused proptech startup HouseEazy has raised ₹150 crore (around $17 million) in a Series B funding round led by Accel, with participation from existing investors Chiratae Ventures, Antler, and leading venture debt funds. This follows the company’s $7-million Series A round in August 2024.
The fresh capital will be used to enhance technology infrastructure, expand into new cities, and broaden its suite of real estate services. The funding comes amid rising investor confidence in India’s $100-billion secondary housing market, which remains largely offline and fragmented despite growing demand for transparent, tech-driven solutions.
Pratik Agarwal, Partner at Accel, noted that India’s housing market is vast but still lacks structured and trustworthy solutions for consumers. He highlighted that HouseEazy’s tech-driven, consumer-focused approach addresses major pain points and significantly improves the home resale experience. Accel is enthusiastic about supporting the founders, Tarun Sainani and Deepak Bhatia, as they work to transform the resale housing ecosystem in India.
Founded by Tarun Sainani and Deepak Bhatia, HouseEazy operates as a full-stack marketplace for resale homes, offering a seamless, end-to-end process for buyers and sellers. Its AI-powered pricing engine, built on over two million data points, provides accurate, real-time valuations. The platform also features AR and VR tools, enabling buyers to virtually explore refurbished homes before making decisions.
Beyond technology, HouseEazy offers comprehensive transaction support, including instant price discovery, title verification, refurbishment management, mortgage facilitation, and legal assistance. The company claims its streamlined process allows property transactions to be completed within weeks, compared to the industry average of five to six months.
“Our mission has always been to create a safe, transparent, and convenient one-stop solution for homebuyers and sellers in India,” said Deepak Bhatia, Co-founder of HouseEazy. “We aim to build the country’s most trusted and loved real estate platform by leveraging cutting-edge technology and ensuring 100% secure transactions.”
According to a joint report by CREDAI and EY, India’s PropTech segment is projected to grow from $10.5 billion today to $600 billion by 2047, driven by innovations in AI, IoT, and digital real estate solutions. HouseEazy’s recent ₹150 crore Series B funding comes at a time when technology-driven platforms are becoming critical in transforming India’s largely offline resale housing market.
The startup’s AI-powered pricing engine, AR/VR home tours, and end-to-end transaction services position it to capture a growing share of this rapidly expanding PropTech ecosystem, offering faster, transparent, and convenient solutions for homebuyers and sellers. By leveraging this trend, HouseEazy aims to scale its operations across cities tapping into both market demand and the technological evolution shaping the country’s real estate sector.
Currently operational in Noida, Ghaziabad, and Gurugram, HouseEazy has built a network of over 4,000 channel partners. With the new funding, it plans to expand into Pune, Mumbai, and Bengaluru over the coming year.