BASIC Home Loan is India's first automated platform for secured lending with special focus on the affordable housing segment.
Given its complexity, home loans cannot be fully digitized; but there is a huge scope for automation; and through our “Phygital” approach we have created an asset-lite network of home loan agents who utilize our technology to handhold customers from research to final disbursement.
Our agent network enables us to expand into tier-2 & 3 cities rapidly and capture these markets which is difficult for any other digital lending platform. Our tech reduces operational costs of secured loans and brings more transparency for consumers
Housing is a fundamental need and we are BASICally solving that problem.
Given its complexity, home loans cannot be fully digitized; but there is a huge scope for automation; and through our “Phygital” approach we have created an asset-lite network of home loan agents who utilize our technology to handhold customers from research to final disbursement.
Our agent network enables us to expand into tier-2 & 3 cities rapidly and capture these markets which is difficult for any other digital lending platform. Our tech reduces operational costs of secured loans and brings more transparency for consumers
Housing is a fundamental need and we are BASICally solving that problem.
Location: India, Haryana, Gurugram
Employees: 51-200
Total raised: $8.2M
Founded date: 2020
Investors 5
| Date | Name | Website |
| 03.10.2025 | 100 Unicor... | 100unicorn... |
| - | Bharat Fou... | bff.invest... |
| 12.07.2023 | Dexter Ang... | dexterange... |
| - | Gruhas | gruhas.com |
| - | Picus Capi... | picuscap.c... |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 17.06.2023 | Series A | $4.7M | Venture Ca... |
| 01.09.2021 | Series A | $3.5M | Venture Ca... |
Mentions in press and media 16
| Date | Title | Description |
| 19.08.2025 | Lightspeed, Premji Invest Lead USD 170 Mn Round in Housing Finance Firm Weaver Services Earlier, Weaver Services acquired Capital India Housing Finance, which served as its anchor asset. | Housing finance firm Weaver Services has raised USD 170 million led by Lightspeed and Premji Invest. Gaja Capital also participated in the latest funding round. The fundraise follows Weaver Services' acquisition of Capital India Housing Fin... |
| 03.12.2024 | Prosus Allocates USD 100 Mn to Vastu Housing and USD 80 Mn to Mintifi Prosus acquired an 8.4% stake in Vastu Housing Finance and a 10.65% stake in Mintifi. | Vastu Housing Finance, a prominent player in the affordable housing sector, has raised USD 100 million from Amsterdam-based global consumer internet group Prosus. The investment grants Prosus an 8.4% stake in the company. Founded in 2015 by... |
| 02.10.2024 | The Rise of Fintech and Specialty Coffee: A New Era of Investment in India | In the bustling landscape of India’s economy, two sectors are brewing excitement: fintech and specialty coffee. Both are attracting significant investments, signaling a shift in consumer preferences and financial solutions. Fintech startup ... |
| 02.10.2024 | The Rise of Fintech: A New Dawn for Home Loans in India | In the bustling landscape of India's fintech sector, a new player is making waves. Basic Home Loan, a startup focused on automating home loans for middle- and low-income households, has just secured a significant financial boost. The compan... |
| 01.10.2024 | The Changing Landscape of Fintech and EdTech in India: A Tale of Two Sectors | India's fintech and edtech sectors are like two ships navigating through turbulent waters. One is sailing smoothly, while the other struggles against the tide. BASIC Home Loan, a fintech startup, recently secured $10.6 million in funding. T... |
| 01.10.2024 | Basic Home Loan raised $10.6 M Series B funding | In its Series B round, which was led by CE-Ventures and Bertelsmann India Investments (BII), fintech startup BASIC Home Loan raised $10.6 million (Rs 87.5 crore). Ashish Kacholia, a current investor, increased his investment and stake in BA... |
| 30.09.2024 | Fintech Firm BASIC Home Loan Bags USD 10.6 Mn to Drive Innovation in Underserved Housing Market Mortgage distribution platform plans to use the fresh funding to broaden market reach, develop its lendi... | Gurugram-based fintech startup BASIC Home Loan has raised USD 10.6 million (INR 87.5 crore) in a Series B funding round led by Bertelsmann India Investments (BII) and UAE-based CE-Ventures, the venture capital platform of Crescent Enterpris... |
| 30.09.2024 | BASIC Home Loan raises $10.6M in Series B led by Bertelsmann Recommended Stories For You | Mortgage distribution startup BASIC Home Loan raised $10.6 million in a Series B funding round led by Bertelsmann India Investments (BII) and UAE based CE-Ventures, the venture capital platform of Crescent Enterprises. The round also includ... |
| 30.09.2024 | Bertelsmann India leads BASIC Home Loan’s Series B funding round | - |
| 30.09.2024 | Fintech startup Basic home loan raises Rs 87.5 crore in a Series B funding round | ETtechAtul Monga, CEO and cofounder, Basic home loan Fintech startup Basic home loan, a platform for automating home loans for middle- and low-income households in India, has raised $10.6 million (Rs 87.5 crore) in a Series B funding round.... |
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