03 Nov 2025

"Openhouse Secures $2 Million Seed Funding to Revolutionize India's Residential Secondary Market"

"Proptech startup Openhouse, founded by Rahool Sureka and Ankit Khemka, has raised $2 million in seed funding led by IndiaQuotient Ventures, with participation from notable angel investors. The company plans to use the funds to enhance technology, expand operations, and strengthen transaction capabilities for its full-stack resale property platform focused on India's residential secondary market. NovoJuris Legal advised Openhouse on the fundraise."

NovoJuris Legal advised Openhouse on its seed fundraise transaction. Proptech startup Openhouse successfully raised $2 million in a seed funding round led by IndiaQuotient Ventures, with participation from angel investors including Mohit Gupta and Gunjan Patidar (both ex-Co-founders of Zomato), Gaurav Sharma (Founder, SaaS Labs), and Ramanshu Mahaur (Co-founder, Spinny). The company plans to utilize the funds to enhance its technology, expand operations, and strengthen transaction capabilities. Openhouse, founded by Rahool Sureka and Ankit Khemka, is focused on developing a full-stack resale property platform targeting India's residential secondary market. The transaction was led by Sharda Balaji, Managing Partner at NovoJuris Legal, and Joseph Mario Ritvik P, Associate at NovoJuris Legal.
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