India, Oct. 14 -- About six months after Inc42 reported that HouseEazy was in advanced discussions with investors to raise fresh capital, the proptech startup has now announced the raise of INR 150 Cr ($16.9 Mn) in its Series B funding round. The round was led by Accel, with participation from existing investors Chiratae Ventures and Antler among a few undisclosed investors.

It intends to utilise the fresh capital to enable expansion into new cities like Pune, Mumbai and Bengaluru, further build its tech stack, and grow its brand proposition.

"In just three years, we've helped over 2,500 homeowners transact properties worth more than INR 2,000 Cr. Our GMV ARR has doubled YoY to reach INR 850 Cr, with strong unit economics. With this new...