Helium has raised Rs 5 crore in an angel funding round from leading startup founders and operators including Albinder Dhindsa, Kunal Shah, Pankaj Chaddah, Mohit Gupta, Akriti Chopra, Gunjan Patidar, and Nitin Gupta. The round reflects growing interest in tech-led disruption of India’s rental housing market.
Capital to expand supply across Bengaluru
The proceeds will be used to expand across Bengaluru and increase supply in gated communities, where online inventory remains limited despite strong demand from urban renters.
Full-stack rental model with guaranteed income
Founded by Sahil Ludhani and Ashutosh Tandon, Helium operates a full-stack rental platform that works directly with homeowners. It offers guaranteed rental income while managing tenant relationships, operations, and property lifecycle, reducing dependency on brokers.
Solving supply gap in gated communities
Helium focuses specifically on gated society apartments, a segment where most transactions still happen offline. The platform aims to digitise this fragmented supply by onboarding verified inventory and improving discovery for tenants.
Deposit Saver reduces upfront rental friction
The startup also offers a Deposit Saver product, allowing tenants to pay as little as one month’s deposit, while the remaining amount is facilitated through NBFC partners. Homeowners still receive the full deposit, balancing trust across both sides.
Early traction and operational efficiency
Launched in Whitefield six months ago, Helium has already onboarded 170+ homes and reports an average rental cycle of 14 days, indicating strong demand and efficient turnaround.
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