Vridhi Home Finance funding, investors and company details

Vridhi Home Finance is an emerging Banking and Finance startup from Bengaluru, working in the space of Operates a tech-enabled housing finance company targeting underserved and unserved populations with affordable home loans. Founded by Sunil Mehta, Ram Naresh Sunku.

Company: Vridhi Home Finance Private Limited
Sector: Banking and Finance
Location: Bengaluru
Founders: Sunil Mehta, Ram Naresh Sunku
Total funding raised: ₹460 Cr

Company overview

Vridhi Home Finance operates a tech-enabled housing finance company targeting underserved and unserved populations with affordable home loans, including land/semi-constructed unit loans, construction loans, and home expansion loans. The platform combines digital tools for hassle-free processing with personalized branch services across states like Karnataka, Andhra Pradesh, Madhya Pradesh, Rajasthan, and Telangana, emphasizing transparency, minimal documentation, and customized underwriting for self-employed customers. It focuses on bringing unstructured income borrowers into the financial mainstream through efficient risk management and customer-centric innovation.

Funding rounds

Latest round (Series B): ₹310.00 Cr. ($ 36.88 Mn), 2024-10-29. Investors: Norwest Venture Partners, Elevation Capital
Past round: ₹150.00 Cr. ($ 18.02 Mn), 2023-10-31. Investors: Elevation Capital