BASIC Home Loan

BASIC Home Loan, established in 2020, is a dynamic fintech company headquartered in Gurgaon Sector, Haryana, India. It specializes in developing an automated platform designed to streamline the home lending process across India. The company's core mission is to revolutionize how affordable homes are financed in Bharat by offering end-to-end fulfillment solutions powered by advanced technology, aiming for significantly faster loan disbursements.

Operating with a team of 500 - 1,000 employees, BASIC Home Loan leverages its technology to enhance efficiency and accessibility in the mortgage market. The company's operational footprint spans two locations, supporting its ambitious growth objectives. For insights into the individuals driving this innovation, one can explore Meet BASIC Home Loan's team. This focus on human capital complements their technological advancements, ensuring a robust operational framework.

Financially, BASIC Home Loan has demonstrated significant traction, reporting revenue of $105.0M. The company has secured substantial funding, including a Series B round of $10.6 million, alongside earlier rounds like Series A and Angel/Seed funding, totaling approximately $19.3 million. This financial backing supports its expansion and technological development. Investors include prominent names like Venture Catalysts, Bertelsmann India Investments, and Picus Capital. Further details on its financial performance and investment history are available via Explore financial highlights. The company's vision is to transform the landscape of home financing in India.