Lending tech startup Easy Home Finance has raised $30 Mn (INR 276 Cr) as part of its Series C funding round led by Bahrain-based alternate investment manager Investcorp. The round also saw participation from existing backers Claypond Capital, the investment office of Manipal Group chairman Ranjan Pai, and Japanese banking giant Sumitomo Mitsui’s Asia Rising Fund. With this, the startup has raised more than $80 Mn to date. In a statement, Easy Home Finance said that it plans to utilise the fresh capital to accelerate expansion into new markets across India, ramp up product development and bolster its tech stack. “… 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,” said Easy Home Finance’s founder and managing director Rohit Chokhani. Founded in 2017 by Chokhani, Easy leverages technology to offer paperless mortgage-backed home loans and other financial services to its customers. The startup last raised $35 Mn in its Series B round co-led by Claypond Capital and Sumitomo Mitsui in November 2024. Prior to this, it also bagged $15 Mn in a… Read MoreInc42 Media
