# Bharat Housing Network

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bharat-housing-network

- Industry: Software
- Headquarters: Mumbai, India
- Website: www.bharathousingnetwork.com
- Total disclosed funding: $15M
- Latest round: Series A (Nov 9, 2023)
- Investors on record: 7

## About

Based in Maharashtra, India, and founded in 2017, Homeville Consulting Private Limited, doing business as Bharat Housing Network, operates as a financial technology company that offers housing loans. The company was founded by Lalit Menghani, Madhusudan Sharma, and Prasad Ajinkya. In November 2023, Bharat Housing Network raised INR 1.25 billion in Series A funding led by Varanium Capital, 9Unicorns, Riverwalk Holdings, SMK Ventures, and DMI AIF Sparkle Fund.

Bharat Housing Network provides a housing lending platform, which is a co-lending platform that offers capital and technology infrastructure solutions to housing finance companies (HFCs) and non-banking finance companies (NBFCs). The firm’s cloud-based micro-service platform streamlines and automates the loan origination processes and enables financial institutions to integrate their workflows with loan origination management and CRM systems. The company partners with a wide network of NBFCs and HFCs, providing borrowers with access to a wider range of loan options and services.

The company plans to use the funds raised in November 2023 to provide capital, infrastructure, and technology to housing finance and non-banking finance companies and help deliver housing credit services at the grassroots level.

## Funding rounds

- Series A, Nov 9, 2023, $15M — Nabventures, Varanium Capital, 100Unicorns, DMI AIF Sparkle Fund, LC Nueva Capital, Riverwalk Holdings, Alphatron Capital

## Investors

- Nabventures (https://capitalatlas.ai/funds/nabventures) — Series A
- Varanium Capital (https://capitalatlas.ai/funds/varanium-capital) — Series A
- 100Unicorns (https://capitalatlas.ai/funds/100unicorns) — Series A
- DMI AIF Sparkle Fund (https://capitalatlas.ai/funds/dmi-aif-sparkle-fund) — Series A
- LC Nueva Capital (https://capitalatlas.ai/funds/lc-nueva-capital) — Series A
- Riverwalk Holdings (https://capitalatlas.ai/funds/riverwalk-holdings) — Series A
- Alphatron Capital (https://capitalatlas.ai/funds/alphatron-capital) — Series A