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HomeCapital

HomeCapital is an Indian Company that has pioneered India’s first Home Down Assistance Program (DPA). Our program endeavours to help all those who want to buy their first home early in their lives.

Financial Services, Marketplace

Basic Information

HomeCapital enables home buyers accelerate their home ownership through its down payment assistance program. The program provides down payment assistance to home buyers. Headquartered in Mumbai, the company supports home buyers in eight cities including Mumbai, Bangalore, Chennai, Pune, and Kolkata amongst others. In May 2020, it raised funding in a round led by Varanium NexGen Fund with participation from Venture Catalysts, JITO Incubation and Innovation Foundation, Singapore Angel Network, Venture Gurukool, Shalin Shah among other marquee investors. The company is also in pilot stages of HomeNxt- an industry wide home loan co-lending platform. This platform will facilitate the flow of credit to affordable housing and share lending infrastructure among the housing finance companies.

Legal Name

:

Homeville Consulting Pvt Ltd

Headquarters

:

Pune, Maharashtra, India

Founding Date

:

2017

No. of Employees

:

21 to 40

Core Team

:

1.

Lalit Menghani

Co-Founder & Director

2.

Prasad Ajinkya

Co-Founder & Director

3.

Madhusudan Sharma

Co-Founder & Executive Director

Funding

Total Funding

$6.9M

Investors

:

1.

Anuj Golecha

2.

Venture Catalysts

3.

Astarc Ventures

Detail Round Breakdown

Round 1

$7M

Series Name

:

VENTURE-ROUND

Date

:

30th Sep 2021

Investors

:

1.

9Unicorns

2.

Varanium Capital Advisors

3.

JITO Angel Network

4.

BlackSoil

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