Vridhi Home Finance raised Rs 310 crore in a Series B funding round led by Norwest Venture Partners to accelerate its expansion in existing markets and strengthen its technology infrastructure.
Vridhi Home Finance raised Rs 310 crore in a Series B funding round led by Norwest Venture Partners to accelerate its expansion in existing markets and strengthen its technology infrastructure.
10/29/24, 6:54 AM
Location
bengaluruMoney raised
₹3.1 billion
Industry
lending
financial services
Round Type
series b
Investors
Elevation Capital, Norwest Venture Partners
Housing finance company Vridhi Home Finance has raised Rs 310 crore in its Series B funding led by Norwest Venture Partners, with participation from its founders and existing investor Elevation Capital. The funds will support the company's growth and enhancement of its technology infrastructure.
Company Info
Location
bengaluru, karnataka, india
Additional Info
Vridhi Finserv Home Finance Ltd is a “Tech-enabled Brick and Mortar” housing finance company and was incorporated as a public limited company under the Companies Act, 2013 headquartered in Bangalore, Karnataka.
Vridhi has been founded by seasoned promoters and a founding team in the Banking and Financial services domain with 75+ years of combined mortgage experience.