# Vastu Housing Finance Corporation

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/vastu-housing-finance-corporation

- Industry: Financial Services
- Headquarters: Mumbai, India
- Website: www.vastuhfc.com/
- Total disclosed funding: $200M
- Latest round: Series C (Oct 28, 2021)
- Investors on record: 3

## About

Based in India, Vastu Housing Finance Corporation Limited specializes in delivering tailored housing finance solutions, including home loans and construction loans, aimed at facilitating residential and commercial property acquisition and development.Vastu Housing Finance Corporation Ltd. provides innovative housing finance solutions. Established in 2015 and headquartered in Mumbai, India, the firm has successfully completed 11 deals. Notably, in December 2015, TA Associates and the International Finance Corporation led a GROWTH funding round, resulting in a total of USD 400.00 mn raised to date. Sandeep Menon currently serves as the CEO.Vastu Housing Finance Corporation Limited offers a variety of housing finance products, including home loans, home extension loans, construction loans, loans against property, and commercial property loans. These offerings are designed to support the acquisition and improvement of residential and commercial properties, catering to individual homeowners, builders, and small business owners across India. The company utilizes advanced technology and unique underwriting practices to streamline the loan application process, ensuring wide accessibility to its financial solutions.In the most recent fiscal year of 2024, Vastu Housing Finance Corporation Ltd. reported a revenue of USD 128.68 mn and an EBITDA of USD 109.54 mn. The company generates revenue primarily through interest income from loans issued to clients, structured as long-term loans with fixed or floating interest rates, emphasizing transparency in its lending practices.Vastu Housing Finance Corporation Ltd. is focused on expanding its product offerings and geographic reach. The company plans to launch new financial products designed to meet evolving market demands, with specific details to be released in the near future. Furthermore, Vastu aims to extend its services into new markets within India by 2025. The recent GROWTH funding will be utilized to support these initiatives, enhancing their capacity to cater to a broader customer base and streamline operations.

## Funding rounds

- Series C, Oct 28, 2021, $200M — Norwest Venture Partners, Creation Investments Capital Management, 360 ONE

## Investors

- Norwest Venture Partners (https://capitalatlas.ai/funds/norwest-venture-partners) — Series C
- Creation Investments Capital Management (https://capitalatlas.ai/funds/creation-investments-capital-management) — Series C
- 360 ONE (https://capitalatlas.ai/funds/360-one) — Series C