Proptech startup Openhouse raises $2 million in seed round from IQ Ventures

Gurugram-based prop-tech startup Openhouse has raised $2 million in a seed funding round led by India Quotient Ventures.

The round also saw participation from a remarkable lineup of angel investors — Mohit Gupta and Gunjan Patidar (ex-Co-founders, Zomato), Gaurav Sharma (Founder, SaaS Labs), and Ramanshu Mahaur (Co-founder, spinny).

The new funding will help Openhouse upgrade its technology, expand operations, and enhance its transaction capabilities, the company said.

Read Also- Redacto raises Rs 12 Cr in seed round led by PeerCapital

Rahool Sureka, Co-Founder of Openhouse, commented, “After selling my previous startup Fitso, I had the resources to buy a home and was shocked by how broken the process was."l

“Fake listings, poorly maintained properties, and zero transparency made it painfully difficult. I ended up buying from a builder instead, but that experience revealed a massive gap; no organised player was managing resale transactions end-to-end. That’s the problem we are solving,” he added.

About Openhouse 

Founded by Rahool Sureka and Ankit Khemka, Openhouse is developing a full-stack resale property platform to transform India’s residential secondary market which often faces issues like lack of transparency, slow transactions and limited data insights.

With AI-based pricing, a 90-day sale guarantee, and end-to-end transaction management—including buyer sourcing, home staging, documentation and legal support—Openhouse aims to become a trusted partner for homeowners and buyers navigating the complex resale market.

Advertisment

The company is also building Broker AI, a smart matchmaking tool that connects buyers with properties based on their budget, location, and lifestyle preferences—making property searches more intuitive and data-driven.

Want to go deeper into the world of startups and entrepreneurship? Check out these categories on VIESTORIES:

Latest Business and Startup News: Discover Funding Trends and Stories Shaping Indian Startups.

Startup Funding News: Your Gateway to Every Funding Update.

Latest Startup News: Stay updated with the latest startup news and trends. Your go-to source for startup ecosystem updates.

Startup Stories: Discover inspiring tales of startups overcoming challenges, and achieving success.