Helium, a tech-based rental management startup, has raised ₹5 crore (approx. US$550K) in an angel funding round from several startup founders and operators.
The investors include Albinder Dhindsa, Kunal Shah, Pankaj Chaddah, Mohit Gupta, Akriti Chopra, Gunjan Patidar, and Nitin Gupta.
The company will use this funding to expand its business in Bengaluru and offer more services in gated communities in the coming months.
“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 cofounder Ashutosh Tandon.
“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.
Helium was founded in 2025 by Sahil Ludhani and Ashutosh Tandon. The Bengaluru-based company provides a complete rental service for homes.
It works directly with homeowners, guarantees them rental income, and takes care of tenants and daily property operations.
The company mainly focuses on apartments in gated communities. It says most of these homes are not listed online, as many deals still happen through brokers or offline.
Helium also offers a feature called “Deposit Saver.” This allows tenants to rent a home by paying just one month’s deposit, while the remaining amount is arranged through NBFC partners, and homeowners still receive the full deposit.
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