# Vridhi Finserv Home Finance

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/vridhi-finserv-home-finance

- Industry: Financial Services
- Headquarters: Bangalore, India
- Website: www.vridhihomefinance.com/
- Total disclosed funding: $22M
- Latest round: Series B (Oct 29, 2024)
- Investors on record: 2

## About

Based in Karnataka, India, and founded in 2022, Vridhi Finserv Home Finance Limited operates as a financial service company that offers housing loans such as pre-built homes, home construction, and home expansion loans. The company was founded by Ram Naresh Sunku (MD and CEO), Sunil Mehta (CFO), and Sandeep Arora (COO). In October 2023, new investor Elevation Capital led INR 1500 million in series A for Vridhi Finserv Home Finance Limited.

The firm offers various housing finance services to its clients and provides various home loans. The company provides loans for home purchase, home construction which offers finance for constructing homes, loans for land/semi-constructed units, and construction which provides financial assistance in the purchase of land as well as the completion of semi-constructed houses. It also offers financing services for renovation of existing homes and home expansions.

The company plans to use the October 2023 funding to expand its market reach in north Karnataka and Andhra Pradesh, hire more staff, and strengthen its tech stack.

## Funding rounds

- Series B, Oct 29, 2024, $3.7M — Norwest Venture Partners, Elevation Capital
- Series A, Oct 30, 2023, $18M — Elevation Capital

## Investors

- Elevation Capital — Series A, Series B
- Norwest Venture Partners (https://capitalatlas.ai/funds/norwest-venture-partners) — Series B