Proptech startup HouseEazy has raised $1 million (approximately Rs 8.3 crore) in the recent seed funding round. The investment was led by Antler, with participation from India Accelerator, AC Ventures, Agility Ventures, Finvolve Ventures, Pirojsha Godrej (executive chairman of Godrej Properties), and Sandeep Aggarwal (founder of Droom).
HouseEazy is an online marketplace for residential reselling businesses. In today’s world, where everything is sold online, the real estate market is offline-based, and HouseEazy is trying to change that with its innovative online technology. When it comes to real estate, the most important things are transparency, property background, and title checks. The start-up does it all for every property sold on the platform, which is a big relief for the property buyers.
The startup also uses AI and machine learning to check the real-time data to provide the best prices for both sellers and buyers, and thus the need for continuous negotiation is also eliminated, and the sellers also get a good price without any involvement of middlemen or commissions. The buyers can also check the property properly online with the help of high-tech AR and VR-enabled virtual tours.
This seed investment will be used by the company for further technology development, building a distribution network, and further market expansion.
The company’s co-founders are Tarun Sainani and Deepak Bhatia, and it is headquartered in Noida, Uttar Pradesh, India.