Easy Home Finance Secures $30 Million in Series C Funding Round
Mortgage-technology company Easy Home Finance announced on Wednesday that it has successfully raised $30 million in a Series C funding round. The investment was spearheaded by the Investcorp India Growth Equity Fund and the Investcorp India Growth Opportunity Fund, highlighting growing confidence in India's affordable housing finance sector.
Investor Confidence in India's Deepening Mortgage Market
This latest capital infusion arrives during a period of increased investment activity within the housing finance industry. Over the past year, several companies, including Weaver Services, Vastu Housing Finance, Nivara Home Finance, and Ummeed Housing Finance, have witnessed heightened capital flows. Investors are increasingly placing bets on the affordable housing credit segment and the rising demand from markets beyond India's major metropolitan centers.
"India's mortgage market continues to deepen, creating opportunities for fast-scaling institutions capable of addressing this large, underserved segment with operational discipline," remarked Anshuman Goenka, a partner at the global investment firm Investcorp.
Continued Support from Existing Backers
The funding round also featured participation from existing investors. Bengaluru-based family investment office Claypond Capital and the Asia Rising Fund of Japanese multinational bank Sumitomo Mitsui Banking Corporation (SMBC) both contributed. These entities had previously supported Easy Home Finance in its $35 million Series B round, demonstrating sustained belief in the company's trajectory.
"We see strong alignment in the company’s ambition and the opportunity ahead," stated Rajeev Ranka, partner for the SMBC Asia Rising Fund.
Strategic Plans for Expansion and Development
The company has outlined clear objectives for utilizing the fresh capital. The funds are earmarked for:
- Expanding into new markets across India
- Investing further in product development
- Enhancing technological capabilities
"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," explained Rohit Chokhani, managing director of Easy Home Finance.
Company Background and Financial Performance
Founded in 2017 by Rohit Chokhani, Easy Home Finance specializes in providing affordable home loans to low- and middle-income borrowers. The company primarily operates in suburban and semi-urban markets, targeting an underserved segment of the population.
According to data from Tracxn, Easy Home Finance reported revenue of ₹105.1 crore for the 2024-25 fiscal year. With this latest Series C round, the company's total equity funding has surpassed $80 million. Its investor base includes notable names such as Claypond Capital, Franklin Templeton India, and Pegasus Airlines.
"Easy Home Finance has consistently demonstrated momentum and clarity of execution. We are pleased to continue supporting the company as it enters its next phase," said Shekhar Garisa, managing director for Claypond Capital.
The successful fundraise underscores the robust investor appetite for platforms addressing India's growing demand for accessible housing finance solutions, particularly in emerging urban and semi-urban landscapes.
