FOUNDERS

Atul Monga | Co-Founder

Kalyan Josyula | Co-Founder

HEADQUARTERS

Gurgaon

SECTOR

Affordable Housing Loans

FOUNDED2020
INVESTED2024
Led the Series B funding round

 

While home loans are inherently complex, BASIC has innovatively incorporated a significant degree of automation into the process. BASIC Home Loan is India's first automated platform for secured lending with a special focus on the affordable housing segment. They've built a "Phygital" model, with our network of expert home loan agents who use their technology to efficiently guide their customers, from initial research all the way to getting the loan approved and disbursed.

Through BASIC's strong agent network, they also reach out to those smaller cities and towns in the Tier 2 & Tier 3 regions that are often overlooked by other digital lenders.

BASIC is all about making housing more accessible, and #ChangingHomeLoansForGood

#BASICHomeLoan #HomeLoan #HomeOwnership #BASICAgents #HomeLoanAgent

ENGAGEMENT WITH BII

Sep 30, 2024
Fintech startup Basic home loan raises Rs 87.5 crore in a Series B funding round

BASIC Home Loan has secured $10.6 million in Series B funding to expand market reach, enhance technology, and build its lending portfolio.

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