Basic Home Loan

company

About

Building India's first Neo Housing finance Company. Making home loans faster, stress-free & Basic for middle-& low-income households.

  • 101 - 250

Details

Last Funding Type
Series A
Last Funding Money Raised
$3.50M
Industries
Banking,Consumer Lending,Finance,Financial Services,FinTech,Internet,Real Estate
Founded date
Jul 21, 2020
Number Of Employee
101 - 250
Operating Status
Active

Founded in 2020, Basic Home Loan is a fintech company, developing an automated platform for home lending in India. Using a Phygital approach, the company provides paperless online home loan sanctions, and ensures end to end fulfilment through an asset-lite agent network for faster loan disbursements. The company's vision is to change the way India finances its housing dreams.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$3.50M
Basic Home Loan has raised a total of $3.50M in funding over 2 rounds. Their latest funding was raised on Sep 1, 2021 from a Series A round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Sep 1, 2021 Series A $3.50M 2 Venture Catalysts Detail

Investors

Number of Lead Investors
Number of Investors
1
2
Basic Home Loan is funded by 2 investors. Venture Catalysts and 9Unicorns Accelerator Fund are the most recent investors.
Investor Name Lead Investor Funding Round
Venture Catalysts Yes Series A
9Unicorns Accelerator Fund Series A