Tag: Easy Home Finance

Housing FinanceLatest Stories

Easy Home Finance Raises $30M from Investcorp, Claypond, SMBC

Mumbai-based Easy Home Finance has raised $30 million in a funding round led by global asset management firm Investcorp. Existing investors, including Ranjan Pai’s Claypond Capital and SMBC Asia Fund, also participated. This investment brings the total funding to $80 million. In an interview with RealtyDailyNews, founder Rohit Chokhani stated that the funds will mainly be used to expand their loan offerings and strengthen their presence in smaller towns. “Currently, we operate in 14 states and 106 cities. Our goal is to penetrate deeper into smaller towns with populations exceeding 500,000,” Chokhani stated. Easy Home Finance not only manages its…

Housing FinanceLatest Stories

Easy Home Finance Secures Long-Term Funds from Franklin Templeton

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…