Home financing startup Easy Home Finance has successfully raised $35 million in a funding round spearheaded by Ranjan Pai’s family office, Claypond Capital, alongside Japanese financial giant Sumitomo Mitsui Banking Corporation’s Asia Rising Fund. The startup has secured long-term financing through an NCD issuance with Franklin Templeton Alternative Investments Fund, India (Franklin Templeton AIF).
This investment was facilitated through the Franklin India Credit AIF, a fund tailored for private credit opportunities.
The funding will bolster the company’s expansion in promising housing regions and strengthen its capital foundation.
“The support from Franklin Templeton significantly validates our strong credit framework, inclusive business approach, and disciplined growth strategy,” stated Bikash Mishra, CFO of Easy Home Finance.
Established in 2018, Easy has helped over 15,000 families attain homeownership via its mobile-centric lending platform and aims to double this number by FY26. The company operates across 13 states in India, which account for over 85% of the national mortgage demand, effectively addressing the credit access disparity in Tier II & III towns and peri-urban regions.
Northern Arc Capital Limited served as the exclusive advisor for this transaction.
