Easy Home Finance secures $30 million in Series C round

Easy Home Finance, a lending tech startup, has raised $30 million (INR 276 Cr) as part of its Series C funding round led by Bahrain-based alternate investment manager Investcorp. 

Existing backers Ranjan Pai’s Claypond Capital and SMBC Asia Fund, also participated in this round.

The startup said it will use the new funds to expand into more markets across India, develop new products, and strengthen its technology.

With this round, the startup has raised over $80 million so far.

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“… We are building for scale – pan-India expansion, faster distribution, and deeper investment across product and talent. The participation of Investcorp, alongside continued support from Claypond, and SMBC… strengthens our ability to move faster and build bigger,” said Easy Home Finance’s founder and managing director Rohit Chokhani.

Founded in 2017 by Rohit Chokhani, the Mumbai-based Easy Home Finance runs an app-based lending platform that automates applications, underwriting, and loan management. It does not compete with big banks that fund large housing projects in major cities. 

Instead, it focuses on suburbs and smaller towns, and provides loans for government-backed housing projects and to middle-income families eligible for government housing schemes.

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