{"id":21897,"date":"2025-10-30T03:18:30","date_gmt":"2025-10-30T03:18:30","guid":{"rendered":"https:\/\/tezgyan.com\/index.php\/2025\/10\/30\/openhouse-secures-2m-funding-to-transform-indias-home-resale-market-business-news\/"},"modified":"2025-10-30T03:18:30","modified_gmt":"2025-10-30T03:18:30","slug":"openhouse-secures-2m-funding-to-transform-indias-home-resale-market-business-news","status":"publish","type":"post","link":"https:\/\/tezgyan.com\/index.php\/2025\/10\/30\/openhouse-secures-2m-funding-to-transform-indias-home-resale-market-business-news\/","title":{"rendered":"Openhouse Secures $2M Funding To Transform India’s Home Resale Market | Business News"},"content":{"rendered":"


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Openhouse, a Gurugram-based prop-tech startup, raised 2 million dollars from IQ Ventures to boost product development, inventory, and scale its residential resale business.<\/h2>\n
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News18<\/p>\n<\/figure>\n

The Gurugram-based prop-tech startup Openhouse has successfully raised $2 million funding in a seed round by IQ Ventures, according to a report of Outlook Business. In an attempt to professionalise India\u2019s residential resale market, the funding will be utilized in product development, inventory curation and scaling up the services.<\/p>\n

Openhouse, a Gurugram-based startup, is eyeing a sharp scale-up in its resale business, with plans to grow monthly gross merchandise value (GMV) from around Rs 10 crore to Rs 100 crore over the next 4\u20136 quarters. To achieve this, the company plans to expand its verified property inventory, strengthen legal and compliance teams, and enhance its premium staging services to shorten deal cycles and improve efficiency.<\/p>\n

IQVentures curates, builds, and acquires businesses focused on data science, GenAI, payments and funding, fintech, and customer service.<\/p>\n

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The funding round was led by IQ Ventures, with participation from several notable angels, including former Zomato co-founders Mohit Gupta and Gunjan Patidar, SaaS Labs founder Gaurav Sharma, Spinny co-founder Ramanshu Mahaur, and other strategic investors.<\/p>\n

Founders Rahool Sureka and Ankit Khemka \u2014 IIT Delhi alumni with prior entrepreneurial exits and experience in financial leadership \u2014 will oversee the deployment of the newly raised capital.<\/p>\n

Indian Residential Market Faces Tapering Sales And New Supply<\/h3>\n

While the Indian residential market is seen to be stabilizing amid tapering sales and new supply, the commercial office real estate sector is growing steadily across the top 7 cities. Latest ANAROCK Research data reveals a 6% yearly rise in monthly office rentals \u2013 from approx. INR 85 per sq. ft. in 9M 2024 to approx. INR 90 per sq. ft. in 9M2025.<\/p>\n

Interestingly, despite increased new office completions in the top 7 cities, average vacancy levels saw a marginal 3% yearly decline \u2013 from 16.70% in 9M 2024 to 16.20% in 9M 2025. Chennai is the only city to record single-digit office vacancy of 8.90% \u2013 the least among all top cities.<\/p>\n<\/div>\n

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A team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover al…Read More<\/span><\/p>\n<\/div>\n<\/div>\n

A team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover al… Read More<\/span><\/p>\n<\/div>\n<\/div>\n

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First Published:<\/span><\/p>\n
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October 30, 2025, 07:59 IST<\/p>\n<\/div>\n<\/div>\n

News<\/a> business<\/a> Openhouse Secures $2M Funding To Transform India’s Home Resale Market<\/span><\/div>\n
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Last Updated:October 30, 2025, 07:59 IST Openhouse, a Gurugram-based prop-tech startup, raised 2 million dollars from IQ Ventures to boost product development, inventory, and scale its residential resale business. News18 The Gurugram-based prop-tech startup Openhouse has successfully raised $2 million funding in a seed round by IQ Ventures, according to a report of Outlook Business….<\/p>\n","protected":false},"author":1,"featured_media":21898,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[],"class_list":["post-21897","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/21897","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/comments?post=21897"}],"version-history":[{"count":0,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/21897\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media\/21898"}],"wp:attachment":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media?parent=21897"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/categories?post=21897"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/tags?post=21897"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}