BASIC Home Loan key facts
- Operator of a home loan platform intended to automate the loan process for middle and low-income households.
- It has raised $19.4M across 1 recorded rounds; the latest was Early Stage VC (Series A) ($3.5M) in Oct 2021.
- Notable investors include Astir Ventures, Sprint VC, Picus Capital, LetsVenture Technologies, 100Unicorns — 33 tracked in total.
- Status: Privately Held (backing).
Who backs BASIC Home Loan
33+- ·The complete investor list: 33 names
- ·Watch BASIC Home Loan: the Monday email on marks, rounds and moves
BASIC Home Loan funding rounds
1 roundsHow much has BASIC Home Loan raised?
BASIC Home Loan has raised $19.4 million in total; 1 of its rounds is on record. The largest on record was a $3.5 million Series A in Oct 2021.
BASIC Home Loan investors
33 investors are on record for BASIC Home Loan, including Astir Ventures, Sprint VC, Picus Capital and LetsVenture Technologies. By type, the record holds 8 venture capital firms and 3 angel investors. The Series A in Oct 2021 drew 21 investors.
About BASIC Home Loan
Operator of a home loan platform intended to automate the loan process for middle and low-income households. The company's platform provides paperless online home loan sanctions and ensures end-to-end fulfillment to efficiently guide customers, from initial research all the way to getting the loan approved and disbursed, enabling users to get secured lending with a special focus on the affordable housing segment.
- Industry
- Other Financial Services
- Sector
- Financial Services
- HQ
- Gurgaon, India
- Founded
- 2020
- Employees
- 600
- Website
- basichomeloan.com/
- Ownership
- Privately Held (backing)
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BASIC Home Loan doesn't have a valuation on record yet — one is published once a priced round, a reported valuation, fund marks, or secondary prints surface in our sources. The rest of the record below builds toward it.