In a bold move to disrupt the traditional home financing sector, Easy Home Finance, a leading lending tech startup, has raised a whopping $35 million in its Series B funding round. The round was co-led by Claypond Capital, the investment office of Manipal Group’s Ranjan Pai, and Sumitomo Mitsui’s Asia Rising Fund, with support from existing investors including Xponentia Capital, Finsight…
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…
HDFC Bank Ltd. has recently sold a housing loan portfolio valued at approximately 60 billion rupees ($717 million) as part of its strategy to alleviate its credit load amidst increasing regulatory scrutiny in the banking sector. The transaction involved private deals with about six state-controlled banks, according to sources familiar with the situation who requested anonymity due to the…
