BusinessNews

BASIC Home Loan Secures ₹87.5 Crore in Series B Funding to Transform Home Financing for Tier 2 and 3 Cities

In an exciting development for the fintech landscape, Gurugram-based startup BASIC Home Loan has successfully raised ₹87.5 crore (approximately $10.6 million) in a Series B funding round. This latest investment was spearheaded by Bertelsmann India Investments (BII) and UAE-based CE-Ventures, the venture capital arm of Crescent Enterprises. The funding round also saw participation from existing…
Read more
BusinessNews

BASIC Home Loan has raised $3.5 million in its Series A round

BASIC Home Loan, a fintech startup, has raised $3.5 million in its Series A round drove by Venture Catalysts (VCats) and Gruhas Proptech. Earlsfield Capital and Good Capital, along with existing investor Picus Capital have also participated. Established in 2020 by Atul Monga and Kalyan Josyula, BASIC Home Loan is developing a platform for automating home loans for center and low-income families in…
Read more