New Click here to Enroll for SIDBI MSME Expert Class by ex-GM, SBI on Nov 24

    Register

    Question

    Bharat Housing Network, a technology platform for

    co-lending in affordable housing, has raised ________ led by NABVENTURES in a Series A funding, with participation by Varanium NexGen Fund, 9 Unicorns, Riverwalk Holdings, SMK Ventures, DMI Sparkle Fund, LC Nueva, and other investors.
    A Rs.100 crore Correct Answer Incorrect Answer
    B Rs.125 crore Correct Answer Incorrect Answer
    C Rs.140 crore Correct Answer Incorrect Answer
    D Rs.175 crore Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

      Bharat Housing Network, a technology platform for co-lending in affordable housing, has raised Rs 125 crore led by NABVENTURES in a Series A funding, with participation by Varanium NexGen Fund, 9Unicorns, Riverwalk Holdings, SMK Ventures, DMI Sparkle Fund, LC Nueva, and other investors.    The housing finance industry is expected to grow at a compound annual growth rate (CAGR) of 13-14 per cent in the long run, with home loan originations expected at Rs 10.4 trillion by financial year 2025 (FY25) and Rs 18.7 trillion by financial year 2030 (FY30).

    Practice Next