Vridhi Home Finance raises Rs 310 crore in Series B funding led by Norwest Venture Partners, Elevation Capital, and founders.

Vridhi Home Finance has secured Rs 310 crore in Series B funding, led by Norwest Venture Partners, with participation from Elevation Capital and company founders. Established in 2022, Vridhi focuses on providing home loans in smaller Indian towns, managing assets worth over Rs 200 crore. The funds will enhance technological infrastructure and expand distribution, aiming to serve underserved self-employed customers. Housing demand in India has notably increased recently.

October 29, 2024
6 Articles