Bharat Housing Network funding, investors and company details

Bharat Housing Network is an emerging Financial Services - Fintech - Lending startup from Bengaluru, working in the space of Non Banking Financial Company (NBFC). Founded by Lalit Menghani, Madhusudan Sharma, Prasad Ajinkya.

Company: Homeville Consulting Private Limited
Sector: Financial Services - Fintech - Lending
Location: Bengaluru
Founders: Lalit Menghani, Madhusudan Sharma, Prasad Ajinkya
Total funding raised: ₹125 Cr

Company overview

Bharat Housing Network is a technology-driven co-lending platform focused on the affordable housing finance sector in India. It provides capital, technology infrastructure, and risk-managed co-lending capabilities to housing finance companies and non-banking financial companies (NBFCs) to help them deliver housing credit more efficiently and at the grassroots level, particularly in smaller cities and underserved markets. The platform uses scalable cloud-based technology and a network model to streamline loan origination, portfolio management, and credit delivery while reducing operating costs and turnaround times. Bharat Housing Network aims to make housing finance more accessible and affordable across income groups by enabling wider capital flow and deeper reach for partner lenders

Funding rounds

Latest round (Series A): ₹125.00 Cr. ($ 15.00 Mn), 2023-11-10. Investors: NABVENTURES, Varanium NexGen Fund, 9Unicorns, Riverwalk Holdings, SMK Ventures, DMI Sparkle Fund, LC Nueva