Vridhi Home Finance secured Series B funding totaling ₹310 crore, which equals approximately $36.9 million. The round was led by Norwest Venture Partners and included participation from returning investor Elevation Capital.
The Bengaluru fintech company specializes in loan solutions for purchasing land as well as buying, building, renovating and expanding a home. It operates more than 50 branch locations throughout India. Founded in 2022, Vridhi Home Finance’s work centers around using digital tools to increase access to home financing for underserved populations across the country.
Vridhi Home Finance says it will use its new capital to double down on its mission, investing in technology that enhances the customer experience. The company also has plans to expand through the creation of local job opportunities that contribute to economic growth across various communities.
