# Shubham Housing Development Finance Company

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/shubham-housing-development-finance-company

- Industry: Financial Services
- Headquarters: Gurgaon, India
- Website: www.shubham.co/
- Total disclosed funding: $21M
- Latest round: Series D (Jan 24, 2018)
- Investors on record: 5

## About

Shubham Housing Development Finance Company Ltd. is a prominent Indian firm specializing in housing finance solutions, aimed at enhancing access to affordable housing for individuals and families across diverse income segments. Founded in 2010 and headquartered in Gurgaon, India, Shubham Housing Development Finance Company Ltd. focuses on providing financial solutions for housing development. Under the leadership of CEO Sanjay Chaturvedi, the company has conducted a total of 7 deals, with its most recent being a Secondary Stock Purchase on December 10, 2024. The firm raised USD 117.90 mn in this round, led by Multiples Alternate Asset Management, with participation from Asian Development Bank and British International Investment. Overall, Shubham has raised a total of USD 112.00 mn to date. Shubham Housing Development Finance Company Ltd. specializes in housing finance, offering innovative financial products tailored to meet the specific needs of consumers seeking home loans. Their services are designed to enhance user experience and optimize financial workflows, helping clients navigate the complexities of housing financing. The company serves a diverse clientele, including individuals from various income segments, ensuring its offerings are relevant across multiple markets in India. In 2023, Shubham Housing Development Finance Company Ltd. reported a revenue of USD 53.57 mn and an EBITDA of USD 35.28 mn. The company's revenue generation strategy includes a combination of B2B and direct-to-consumer sales, with structured transaction models that encompass subscription-based services and one-time purchases. Following the successful funding round in December 2024, Shubham Housing Development Finance Company Ltd. plans to leverage the USD 117.90 mn raised to accelerate its home lending services and expand its market presence across India's micro-markets. The company is focused on introducing new financial products tailored to the evolving needs of its customer base and aims to enhance its offerings by mid-2025.

## Funding rounds

- Series D, Jan 24, 2018, $13M — Helion Venture Partners, Elevar Equity, PremjiInvest
- Series B, Nov 29, 2012, $8M — Helion Venture Partners, Elevar Equity, Accion, Saama Capital

## Investors

- Helion Venture Partners (https://capitalatlas.ai/funds/helion-venture-partners) — Series B, Series D
- Elevar Equity (https://capitalatlas.ai/funds/elevar-equity) — Series B, Series D
- Accion (https://capitalatlas.ai/funds/accion) — Series B
- Saama Capital (https://capitalatlas.ai/funds/saama-capital) — Series B
- PremjiInvest (https://capitalatlas.ai/funds/premjiinvest) — Series D