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flag BASIC Home Loan raises $10.6M in Series B funding for market expansion, lending portfolio development, and technology improvements.

flag BASIC Home Loan, a Gurugram-based mortgage platform, has raised $10.6 million in Series B funding led by Bertelsmann India Investments and CE-Ventures. flag The funds will support market expansion, the development of its lending portfolio, and technological improvements. flag Since its 2020 launch, the platform has helped nearly 250,000 families secure homes, processing over $12 billion in loan applications and disbursing $1.1 billion in loans.

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