Vastu Housing Finance is a housing finance company working to enable millions of Indians to fulfil their dreams of owning a bigger, better and a new home.

Basic Information

Vastu was set up in 2015 by Sandeep Menon and Sujay Patil, backed by funds managed by Multiples Alternate Asset Management (Multiples) and senior industry leaders from the BFSI sector. Vastu is a digitally enabled retail affordable housing finance company. with a pan-India presence. Vastu has also set up a non-banking finance company (NBFC) – Vastu Finserve, for vehicle and MSME financing to become a diversified consumer lender serving all credit needs of middle and aspiring India. Vastu is majority-owned by funds managed by Multiples Alternate Asset Management. As on July 2021, they have financially included over 22000 customers having a monthly income of USD 600, most of whom who don’t have formal access to credit from financial institutions in India due to lack of documented income. See more

Legal Name

:

Vastu Housing Finance Corporation Ltd.

Headquarters

:

Mumbai, Maharashtra , India

Founding Date

:

2015

No. of Employees

:

1000+

Core Team

:
1.

Maha Iyer

Chief Financial Officer

2.

Sujay Patil

Co-Founder & Head of Strategy

3.

Sandeep Menon

Co-Founder & MD

Funding

Total Funding

$200.0M

Investors

:

1.

Multiples Alternate Asset Management Private

2.

Creation Investments Capital Management

3.

Norwest Venture Partners

See More

Detail Round Breakdown

Round 1

$200M

Series Name

:

SERIES-C

Date

:

2nd Nov 2021

Investors

:
1.

Creation Investments Capital Management

2.

Norwest Venture Partners

3.

IIFL Asset Management Limited