Noida-based proptech startup HouseEazy is reportedly in advanced discussions to raise INR 100 Cr (~USD 11.7 million) in funding, in a move that could mark a significant milestone in the company’s growth journey. The fresh capital is expected to come from a large, yet unnamed tier-I VC firm and existing investor Chiratae Ventures, according to some reports.
The new round may be positioned as an extension of HouseEazy’s Series A funding, which closed in August 2024. That round saw the company raise USD 7 million (~INR 58 Cr) in a mix of equity and debt, led by Chiratae Ventures with participation from Alteria Capital and Antler. According to regulatory filings, Chiratae alone had invested INR 29.62 Cr in that round, while other notable contributors included IA Growth Opportunities Fund and Veena Jindal.
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A Profitable Turnaround in a Competitive Space
Founded in 2021 by Tarun Sainani and Deepak Bhatia, HouseEazy has emerged as a rising player in the resale real estate sector—a segment traditionally fragmented, opaque, and heavily broker-dependent.
The startup turned profitable in FY24, reporting a net profit of INR 38 Lakh on revenue of INR 10.7 Cr. This marks a dramatic turnaround from FY23, when the company posted a net loss of INR 44 Lakh on revenue of just INR 2.8 Cr—a 3x year-on-year revenue growth.
Moreover, HouseEazy claims to have achieved a Gross Merchandise Value (GMV) Annual Recurring Revenue (ARR) of INR 425 Cr and aims to hit INR 1,800 Cr in GMV ARR within the next 15–18 months from the NCR region alone.
Innovating the Resale Market with Tech
HouseEazy operates a full-stack digital marketplace focused on simplifying the process of buying and selling resale homes. It offers real-time price quotes to sellers via a proprietary machine-learning algorithm trained on over 1.25 million data points, thereby eliminating the need for multiple negotiations. On the buyer side, the platform provides title-verified, refurbished, ready-to-move-in properties, enhanced by AR/VR tools for virtual property tours.
Beyond listings, the platform also offers value-added services including mortgage facilitation, legal assistance, and registry solutions, positioning itself as a one-stop shop for resale home transactions.
“We’ve completely re-engineered the process, enabling customers to buy or sell resale homes in under 15 days on the HouseEazy platform with 100% safety,” said Co-founder Tarun Sainani in an earlier statement. Co-founder Deepak Bhatia added that the startup is operating on an asset-light model, supported by a network of over 2,000 channel partners.
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Positioned in a Booming Proptech Ecosystem
HouseEazy’s fundraising ambitions come amid a broader surge in India’s proptech sector. According to recent studies by HDFC Capital, Brigade REAP, and Knight Frank, the market is set to grow at a CAGR of 15% and reach a size of USD 16 billion (~INR 1.36 lakh crore) by 2030, up from USD 6 billion (~INR 51,115 crore) in 2023.
Aurum PropTech’s recent report also reveals that 75% of homebuyers in India now rely on digital platforms, with 50% opting for virtual tours—indicative of the growing acceptance of technology in real estate transactions.
This boom has triggered increased VC interest in the space. Other notable fundraises include Lighthouse PropTech (USD 1 million in March 2025), hBits (INR 40 Cr in January 2025), and Flent (INR 6.5 Cr in September 2024).
Expansion Plans and Future Outlook
HouseEazy currently operates in Noida, Ghaziabad, and Gurgaon, with plans to expand into Tier-I cities such as Pune, Mumbai, and Bengaluru. The upcoming fundraise is expected to support this geographical expansion, bolster brand presence, enhance its product suite, and grow the team further.
Industry experts view HouseEazy’s model as one that addresses long-standing inefficiencies in India’s secondary real estate market—especially around price transparency and time-to-close.
“The USD 90 billion secondary real estate market has been ripe for disruption. HouseEazy, with its unique model and fast execution, is well-poised to lead that change,” said Anoop Menon, ConsumerTech Sector Lead at Chiratae Ventures.
As it stands today, HouseEazy is not just another startup chasing market share—it is one of the few in its segment showing both rapid growth and profitability, a rare feat in India’s still-nascent proptech space.