BASIC Home Loan raised $10.6M in a Series B funding round led by Bertelsmann to expand market presence and develop its lending portfolio.
Amount Raised
$10.6 Million
Round Type
Series B
GurugramFinancial ServicesFintechLendingInvestors
Description
BASIC Home Loan has secured $10.6 million in a Series B funding round, led by Bertelsmann India Investments and CE-Ventures. The funds will support the startup's plans to strengthen its tech capabilities and serve more low and middle-income households in Tier II and III cities.
Quick answer
Basic Home Loan raised $10.6 Million in a Series B round, dated September 30, 2024. Investors: Ashish Kacholia, Gruhas, Let's Venture, 9 Unicorns, Venture Catalysts, Bertelsmann India Investments and Ce Ventures. Basic Home Loan is based in Gurugram, Haryana, India.
- How much did Basic Home Loan raise?
- Basic Home Loan raised $10.6 Million in a Series B round on September 30, 2024.
- Who invested in Basic Home Loan?
- Ashish Kacholia, Gruhas, Let's Venture, 9 Unicorns, Venture Catalysts, Bertelsmann India Investments and Ce Ventures are named as investors in this round.
- What does Basic Home Loan do?
- Founded in 2020, BASIC Home Loan is a fintech company, developing an automated platform for home lending in India.
- Where is Basic Home Loan based and how big is it?
- Basic Home Loan is based in Gurugram, Haryana, India. Fundz records about 8 employees.
- Who are the decision-makers at Basic Home Loan?
- Fundz holds 1 contact at Basic Home Loan. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Fintech around the same time
Companies in the same sectors as Basic Home Loan that raised within 45 days of this round, from Fundz verified event records.
- Beeline Holdings raised $1.6M (Series A) on November 14, 2024.
- Tranched raised $3.4M (Pre-Seed) on November 12, 2024.
- Lean Technologies raised $68M (Series B) on November 11, 2024.
- Tomorrow raised $5.3M (Funding Round) on November 8, 2024.
- Ellipsis Labs raised $21M (Funding Round) on October 31, 2024.
- Finfra raised $2.5M (Seed) on October 29, 2024.
Who to call at Basic Home Loan, and when
A new round usually means Basic Home Loan is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Basic Home Loan raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Basic Home Loan, from your own LinkedIn network
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Funding Insights
What this usually meansBasic Home Loan raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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