Mumbai-based mortgage-tech startup, Easy Home Finance, has raised Rs 210 crore in a Series A2 funding round, led by Claypond Capital and backed by Harborfront Capital and other investors. This investment aims to strengthen the company’s asset management, expand its AI-driven platform, and further its reach into underserved regions in India. Easy Home Finance focuses on simplifying the loan application process using AI, offering paperless services that cater primarily to first-time home buyers in Tier-II and Tier-III cities. With this funding, Easy Home plans to advance its platform-as-a-service (PaaS) model and leverage co-lending partnerships to extend its market influence across Asia.
Credit: This article has been taken from Entrackr
Key Highlights:
- Easy Home Finance raised Rs 210 crore in Series A2 funding, led by Claypond Capital.
- The startup aims to increase its asset under management tenfold with this capital.
- Expansion plans include launching a PaaS model and targeting Tier-II and Tier-III cities.
- The company’s AI-driven paperless services simplify home loan processes for new buyers.
