A startup with an online platform to help both buyers and sellers in the real estate industry, HousingMan has raised a seed funding round.

“Home buyers are often confused with conflicting messages that they receive about properties,” Co-founder of HousingMan, Rajendran R said. “The reality is that one person may prefer a particular property which another person does not due to their preferences. We have hence developed tools that take into account the accurate preferences of buyers and to then recommend properties, resulting in making the decision making cycle shorter and quicker.”

The Bengaluru-based startup will use the $1.5 million investment round for geographical expansion on a national scale.

The company’s online platform, HousingMan.com, uses data to recommend specific properties to buyers based on their input and personal preferences. HousingMan was founded by Rajendran R and Bhavadeep Reddy.

“The Indian market is currently ripe for our model as the government is bringing about regulations like RERA and housing schemes like PMAY (Pradhan Mantri Awaas Yojana) to aid and assist the industry to achieve the goal of Housing for All in rapid time,” Reddy said.

Since its founding in 2015, the startup has gained a presence in Bengaluru, Chennai, Hyderabad and Pune.

The company provides assistance to sellers and real estate agents by simplifying the process and helping them work faster and more efficiently within the industry.

(Picture courtesy: https://www.housingman.com/)