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Thursday, April 3, 2025

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Amit Chand Appointed CFO of REA India

REA India, the parent company of the country’s most prominent real estate platforms, Housing.com and PropTiger.com, has appointed Amit Chand as its new Chief Financial Officer (CFO). Based in the company’s Gurgaon office, Amit will play a pivotal role in steering the company’s financial strategy and will join the Executive Leadership Team. He will oversee critical functions such as finance, risk assurance, legal compliance, and procurement, with a vision to drive financial excellence and support the company’s growth trajectory.

With over two decades of experience in financial strategy and business development, Amit brings invaluable expertise to his new role. He is set to focus on optimizing REA India’s financial operations, improving capital efficiency, and contributing to the company’s continued innovation in the ever-evolving digital real estate space.

Before his appointment at REA India, Amit served as the CFO at TCNS Clothing, where he spearheaded various financial functions including accounts, treasury, risk management, and environmental, social, and governance (ESG) initiatives. He played an instrumental role in driving revenue growth, enhancing EBITDA, and leading the company through its significant acquisition by Aditya Birla Fashion & Retail Ltd, one of the most noteworthy transactions in the fashion sector.

Dhruv Agarwala, Group CEO of Housing.com and PropTiger.com, shared his enthusiasm for the appointment, stating, “We are excited to welcome Amit to the REA India leadership team. His deep financial expertise and proven ability to scale businesses will be instrumental as we continue to grow and create increased value for our customers and stakeholders.”

Amit, expressing his excitement about joining the dynamic digital real estate sector, said, “I’m thrilled to be part of REA India at such a transformative moment for the industry. Housing.com and PropTiger.com are redefining how people interact with property, and I am eager to drive financial excellence, scale operations, and fuel the next phase of growth.”

Amit’s career also includes a significant tenure as CFO at a technology-driven startup backed by Elevation Capital, where he led fundraising, investor relations, mergers and acquisitions, and monetization strategies. His diverse background across the consumer and technology sectors provides him with the ideal expertise to support REA India’s ambitious growth plans.

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