About Homexchange
Homexchange is a Real Estate & Construction company based in Mumbai (India) founded in 2020 by Jesal Sanghvi and Shirish Godbole. Residential properties are resold online via a user platform. It operates on a Brokerage / Intermediation model. Homexchange has raised $4 million across 1 funding round from investors including Oberoi Realty, ANAROCK and HDFC Capital. The company has 22 employees. Its chief executive, as recorded, is Jesal Sanghvi. Its Indian entity Homexchange Private Limited reported revenue of ₹1.02 Cr. Homexchange offers products and services including Home Upgrade Service. Its focus areas include Real Estate, Residential Real Estate and Home Upgrade Services.
Company details
Homexchange is established as Indias pioneering platform for instant home sales and upgrades. Services are offered to reduce the time, uncertainty, and stress associated with selling an existing home to upgrade to a new one. An instant and fair offer on the current home is provided, enabling clients to purchase a new home from marquee developer partners. Operations are currently focused in Mumbai Metropolitan and Bengaluru, with plans for expansion to other cities. The process is designed to be seamless, speedy, and stress-free, supported by experienced real estate professionals and backed by prominent investors.
- Headquarters Mumbai, India
- Employees 22
- Founders Jesal Sanghvi, Shirish Godbole
- SectorsReal Estate & Construction
- Email••••••••
- Phone•••• ••••
- Website homexchange.in
- Social LinkedIn X Facebook Instagram
- Legal Name Homexchange Private Limited
- Date of Incorporation 17 Sep, 2020
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹1.02 Cr
FY 2025 · -61% YoY
- Net Loss-₹9.03 Cr
FY 2025 · -881% margin
- EBITDA-₹8.15 Cr
FY 2025 · -796% margin
- Total Equity Funding$4M (USD)
in 1 rounds
- Latest Funding Round$4M (USD), Series A
Jul 2022
- InvestorsOberoi Realty
& 3 more
- Employee Count22
Associated legal entities of Homexchange
Homexchange is associated with 2 registered companies on The Company Check; the primary company is Homexchange Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Homexchange Private Limited CIN U70109MH2020PTC346242 | Active | 17 Sep 2020 | Mumbai, Maharashtra | ₹1.0 Cr | 22 | 4 | View details |
| Moveup Real Estate Private Limited CIN U70109MH2021PTC364709 | Active | 27 Jul 2021 | Mumbai, Maharashtra | ₹2.7 Cr | 2 | View details |
Products & Services of Homexchange
Homexchange offers a comprehensive portfolio of products and services, including Home Upgrade Service.
Instant home sale and upgrade service is provided.
Funding Insights of Homexchange
Homexchange has successfully raised a total of $4M through 1 strategic funding round. The most recent funding activity was a Series A round of $4 million completed in July 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $4M
- Total Rounds 1
- Last Round Series A — $4M
- First Round $4M
(Jul 2022)
- Investors Count 4
All 1 funding rounds of Homexchange with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2022 | $4M | Series A | – | HDFC Capital, Oberoi Realty |
4 investors in total: 3 institutional and 1 angel.
Investors in Homexchange
Homexchange has secured backing from 4 investors, including institutional and angel investors. Prominent investors backing the company include Oberoi Realty, ANAROCK and HDFC Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Invests in affordable housing projects through real estate funds in India. | 2015 | hdfccapital.com | Mumbai, India | |
Premium residential building development services are provided. | 1980 | oberoirealty.com | Mumbai, India | |
Diversified real estate services are provided by ANAROCK. | 1993 | anarock.com | Mumbai, India | |
SG Shirish Godbole | Angel investor and tech leader, ex-IBM, focused on Indian startups | unknown_404bcd5266064f0bb |
Investor details for Homexchange
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Homexchange Private Limited (Homexchange)
Homexchange Private Limited is the primary company behind Homexchange. The boards of the 2 registered companies of Homexchange currently have 5 directors; the longest-serving is Shirish B Godbole, appointed in 2020. 8 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shirish B Godbole DIN 02144177 | Director | 17 Sep 2020 | 6 yrs 1 mo | Homexchange Private Limited |
| Anuj Puri DIN 00048386 | Director | 17 Sep 2020 | 6 yrs 1 mo | Homexchange Private Limited |
| Jesal Sanghvi DIN 06458766 | Director | 14 Oct 2021 | 5 yrs | Homexchange Private Limited |
| Karma Nedup Bhutia DIN 08479259 | Director | 04 Feb 2022 | 4 yrs 8 mo | Moveup Real Estate Private Limited |
| Khush Vardhan Bohra DIN 10300141 | Director | 04 Sep 2023 | 3 yrs 1 mo | Moveup Real Estate Private Limited |
People of Homexchange
2 people are tracked at Homexchange (2 in leadership); the tracked headcount is 22.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for Homexchange
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Homexchange
Figures of Homexchange Private Limited, the primary company behind Homexchange, for FY 2025. Revenue was ₹1.02 Cr (-61% year on year). Net loss was -₹9.03 Cr (-881% margin). EBITDA was -₹8.15 Cr (-796% margin). Revenue has grown at a compounded annual rate of -38% over three years.
- ₹1.02 CrRevenue · FY 2025 · -61% YoY
- -₹9.03 CrNet loss · -881% margin
- -₹8.15 CrEBITDA · -796% margin
- ₹27.69 CrPaid-up capital
- 22Employees (provident fund records)
- -38%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Homexchange Private Limited are on its company page.
Detailed financial statements for Homexchange
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Homexchange
2 dated milestones of Homexchange across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Homexchange is founded.
- Funding First funding round of $4.0M.
Top companies in Real Estate Technology Platforms
3 companies that operate in the same segment as Homexchange (Real Estate Technology Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Technology platform for real estate transactions and mortgages is provided. | 2014 | Gurugram, Haryana, India | USD 97.98 M | USD 28.9 M | 9,619 | |
Online platform for buying, renting, and selling residential and commercial properties | 2012 | Gurugram, Haryana, India | USD 146.45 M | USD 25.52 M | 1,188 | |
A platform for residential property buying is facilitated by PropTiger. | 2011 | Gurugram, Haryana, India | USD 99 M |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Homexchange
Complete news archive for Homexchange
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Homexchange
Homexchange was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Homexchange is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Jesal Sanghvi is the CEO of Homexchange, as recorded in our data. They have also founded this company.
Homexchange is a funded company, having raised a total of $4M across 1 funding round to date. The company's 1st funding round was a Series A of $4M, raised on Jul 2022.
Homexchange has 22 employees.
The primary company behind Homexchange, Homexchange Private Limited, reported revenue of ₹1.02 Cr for FY 2025, down 61% year on year.
Homexchange is established as Indias pioneering platform for instant home sales and upgrades. Services are offered to reduce the time, uncertainty, and stress associated with selling an existing home to upgrade to a new one. An instant and fair offer on the current home is provided, enabling clients to purchase a new home from marquee developer partners. Operations are currently focused in Mumbai Metropolitan and Bengaluru, with plans for expansion to other cities. The process is designed to be seamless, speedy, and stress-free, supported by experienced real estate professionals and backed by prominent investors.
Homexchange offers Home Upgrade Service.
Homexchange has 4 investors. Key investors include Oberoi Realty, ANAROCK, HDFC Capital, and Shirish Godbole.
Homexchange is associated with 2 legal entities: Homexchange Private Limited, Moveup Real Estate Private Limited.
The legal entities of Homexchange currently have 6 directors, including Shirish B Godbole, Jesal Sanghvi, Anuj Puri and others.