Synopsis
The startup will use the fresh funds for product development and marketing. The tech-led real estate rental management startup leases homes directly from owners and pays the full security deposit upfront, allowing tenants to rent from the platform. The deposit a tenant pays is linked to their credit profile.Listen to this article in summarized format
The list includes Albinder Dhindsa, cofounder and CEO of Blinkit; Kunal Shah, founder and CEO of Cred; Zomato cofounders Pankaj Chaddah, Mohit Gupta, Akriti Chopra, and Gunjan Patidar; Uni Cards cofounder and CEO Nitin Gupta; LAT Aerospace cofounder Surobhi Das; and the founders of Peer Cheque, Miten Sampat and Aakrit Vaish.
Helium was founded in January 2025 by Sahil Ludhani and Ashutosh Tandon, who previously worked together at Zomato. Ludhani later moved to Stanza Living, and Tandon to Cred.
“The capital will primarily be deployed towards product and marketing, with a focussed strategy of deepening our presence in the Whitefield cluster while beginning expansion into select micro-markets across Bangalore,” said Tandon.
Helium leases homes directly from owners and pays the full security deposit upfront, allowing tenants to rent from the platform. The deposit a tenant pays is linked to their credit profile.
The remaining amount is covered by Fintree, a Reserve Bank of India (RBI)-registered non-banking financial company (NBFC) partner, under a zero-cost structure with no EMIs, with settlements handled between Helium and the NBFC upon the tenant's exit.
The startup mainly focusses on gated societies built by premium builders like Prestige, Brigade, Sobha, and Godrej. It has already onboarded 170 homes and is currently operating only in Whitefield, a major IT district in Bengaluru.
“What we’ve realised is that the best homes people are looking for often never come online, largely because most owners don’t upload properties themselves. So, we tell owners we will rent out their apartment instantly and take on the vacancy risk,” said Ludhani.
“It’s a win-win — owners get the full deposit they expect, while tenants pay significantly less upfront as the remaining amount is covered through a credit line,” Ludhani added.
While the larger Indian property-tech space has not seen the evolution of multiple large startups, investor interest has recently grown in this sector. Houseeazy, which focusses on enabling faster resale and upfront payouts to homeowners, raised $16 million (Rs 148 crore) in a Series B round led by Accel in October 2025. Truva, which owns the home resale journey end-to-end from pricing to registration, secured $9 million (Rs 83 crore) from Stellaris Venture Partners and Orios Venture Partners in January 2026.
