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HomeFirst

Mumbai-based Home First Finance Company India is a technology-driven affordable housing finance company that targets first-time home buyers in low and middle-income groups.

Real Estate, FinTech

Basic Information

Mumbai-based Home First Finance Company India is a technology-driven affordable housing finance company that targets first-time home buyers in low and middle-income groups. The company aims to blend technology and personalisation while making the loan process easy and hassle-free. They primarily offer customers housing loans for the purchase or construction of homes and generally serve salaried and self-employed customers. The company also offers other types of loans comprising loans against property developer finance loans and loans for the purchase of commercial property. The company utilises lead sourcing channels such as connectors, architects contractors, housing developers and have also leveraged technology in various facets of their business such as processing loan applications, managing customer experience and risk management. The company aims to offer mobility solutions through mobile applications for customers to enable transparent loan-related transactions.

Legal Name

:

Home First Finance India Ltd.

Headquarters

:

Mumbai, Maharashtra , India

Business Model

:

B2C

Founding Date

:

2010

No. of Employees

:

501 to 1000

Core Team

:

1.

Jaithirth Rao

Co-Founder

2.

P S Jayakumar

Co-Founder

3.

Manoj Viswanathan

Co-Founder & CEO

Timeline

2010

Company Incorporation

Feb | Company Incorporation

Company incorporated.

Revenue Stream

Target Market

B2C

We primarily cater to the low and middle income individuals by offering them housing loans to buy or build their own homes!

User Age

:

26 to 34, 35 to 45, 46 to 60

User Income

:

Lower-middle Income

Location

:

India Tier 1, India Tier 2, India Tier 3

Funding

Total Funding

$12.0M

Investors

:

1.

Bessemer Venture Partners

2.

True Ventures

3.

Warburg Pincus

Detail Round Breakdown

Round 1

$12M

Series Name

:

POST-IPO-DEBT

Date

:

2021

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