Residential resale market startup HouseEazy has raised $375,000 in funding from various angel investors and founders including Deep Bajaj (Co-founder, Sirona Hygiene) and Neeraj Jindal (Director, Safex), among others.
The Delhi-NCR-based HouseEazy was founded in 2021 by Tarun Sainani and Deepak Bhatia, It is a digital platform that aims to revolutionize residential resale transactions by making them transparent, simple, and quick.
“We, at HouseEazy, aim to plug this gap through our tech platform that will offer a super-quick, smooth, and hassle-free transaction for both sellers and buyers across the country”, said, Tarun Sainani, Co-founder, HouseEazy.
The company said it has developed a machine learning-based price discovery algorithm that takes into account data such as ground market trends, registry records, demand and supply analysis, apartment details and its own past transactions.
“We have already concluded multiple transactions in our home market and are in talks to raise the next round of funds to penetrate other Tier-I cities and achieve an annual Gross Transaction Value (GTV) of Rs 1,000 crore,” said, Deepak Bhatia, Co-founder, HouseEazy.
