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.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).
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