Basic Home Loan is a fintech company that aims to digitise the home loans process and increase affordable loans penetration for mid-and low-income households in India.

Basic Information

Founded in 2020, Basic Home Loan is a fintech company, developing an automated platform for home loans in India. It aims to provide consumers with end-to-end fulfilment, through easy-to-use technology for faster loan disbursements. The company's vision is to change the way Bharat finances its affordable homes. It has also focused on a phygital approach to create a network of agents who utilize their technology in handholding consumers, from 'research' to 'final disbursement' of home loans. See more

Legal Name

:

BASIC Enterprises Private Limited

Headquarters

:

Gurugram, Haryana, India

Business Model

:

B2C, 

B2B2C 

Founding Date

:

2020

No. of Employees

:

21 to 40

Core Team

:
1.

Atul Monga

Co-Founder

2.

Kalyan Josyula

Co-Founder

3.

Pranav Khattar

Co-Founder & Director

Funding

Total Funding

$500.0k

Investors

:

1.

Gruhas Proptech

2.

Venture Catalysts

3.

Picus Capital

Detail Round Breakdown

Round 1

$3.5M

Series Name

:

SERIES-A

Date

:

25th Nov 2021

Investors

:
1.

Venture Catalysts

2.

Gruhas Proptech

3.

Picus Capital

See More