Funding
Bharat Housing Network raises Rs 125 crore Series A
By Startup Enthusiast ·
- Date
- Company
- Bharat Housing Network
- What it does
- Nabventures leads Series A
- Kind
- Funding
- Amount
- Rs 125 crore
- Stage
- Series A
- Founded
- 2021
What they do
The affordable-housing co-lending platform raised about $14.5 million in a Series A round led by Nabventures Fund, with several other backers joining
What happened
The money will grow the affordable home loans it holds on its balance sheet and strengthen the technology platform that lenders use
Why it matters
At the time it worked with 23 financial institutions and delivered capital across 200 locations in 12 states, aiming for $500 million disbursements in three…
The details
- Bharat Housing Network raised Rs 125 crore (about $14.5 million) in a Series A round.
- Nabventures Fund led the round, joined by Varanium NexGen Fund, 9Unicorns, Riverwalk Holdings and SMK Ventures.
- DMI Sparkle Fund and LC Nueva also invested.
- It plans to use the money to grow its mortgage assets and improve its technology.