Vridhi Finserv Home Finance Limited

Vridhi Finserv Home Finance Limited has raised ₹310 crore in its latest funding round, backed by Norwest Venture Partners and other significant investors. The funding will enable the company to bolster its lending capabilities, particularly within the affordable housing sector, aligning with India's growing demand for access. Vridhi Home Finance’s focus on affordable housing aligns with national initiatives aimed at improving housing access across urban and semi-urban areas, where the demand for homeownership is growing alongside economic development.   Founders: Ram Naresh Sunku, Sandeep Arora and Sunil Mehta Follow Rise & Shine for daily funding deals. Stay ahead, stay motivated with www.riseshine.in #finance #startup #funding

📢 We're Hiring! Join Our Team at Vridhi Home Finance! 📢 We’re excited to announce an opportunity to join our growing team as a 𝐑𝐂𝐔 𝐌𝐚𝐧𝐚𝐠𝐞𝐫 (Risk Control Unit) at Vridhi Home Finance. We are looking for driven and detail-oriented professionals to help enhance our risk management processes and support our commitment to delivering affordable housing finance solutions. 𝐎𝐩𝐞𝐧 𝐏𝐨𝐬𝐢𝐭𝐢𝐨𝐧𝐬: 1. 𝐑𝐂𝐔 𝐌𝐚𝐧𝐚𝐠𝐞𝐫 Locations: Bangalore, Andhra Pradesh 2. 𝐑𝐂𝐔 𝐎𝐟𝐟𝐢𝐜𝐞𝐫 Location: Hyderabad 𝐑𝐨𝐥𝐞 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬: As part of our RCU team, you’ll oversee critical risk assessment and control processes, ensuring secure and responsible lending practices. Our RCU Manager and Officer roles are ideal for individuals with a strong background in risk management, eager to drive Vridhi’s commitment to excellence and compliance. If you or someone you know is passionate about risk management and wants to make a difference, apply today! Send your resume to 𝐡𝐫@𝐯𝐫𝐢𝐝𝐡𝐢𝐡𝐨𝐦𝐞𝐟𝐢𝐧𝐚𝐧𝐜𝐞.𝐜𝐨𝐦 Join us and help build dreams, responsibly! Ram Naresh Sunku Sunil Mehta Sandeep Arora Arun Balamani Abhishek Saxena CA Shashankk Shekhar Tripathi Venkats Suresh Sunku Narendra Jangir Nitin Saharia Prabhu G S #hiring #oppourtunity #rcu #manager #officer #banaglore #karnataka #andhrapradesh

🏡 Vridhi Home Finance Secures INR 310 Crore from Norwest and Others. In a notable development, Vridhi Home Finance has successfully raised INR 310 crore in funding from Norwest Venture Partners and other investors, strengthening its position in the housing finance sector. 💰 Funding Highlights: - The capital raised will be utilized to expand Vridhi's lending operations and enhance its product offerings in the home finance market. - This funding round underscores investor confidence in Vridhi’s business model and growth potential within the housing finance landscape. 🚀 Growth Strategy: - Vridhi aims to leverage the investment to increase its outreach and cater to a broader customer base, particularly in underserved segments. - The company plans to focus on technology-driven solutions to streamline its operations and improve customer experience. 📈 Market Context: - The housing finance sector in India is poised for growth, driven by rising demand for affordable housing and government initiatives promoting home ownership. - Vridhi's strategic funding aligns with the growing need for accessible financial solutions in the real estate market. 🌟 Future Outlook: - With INR 310 crore in fresh capital, Vridhi is well-equipped to enhance its market presence and innovate its service offerings. - The company is committed to addressing the evolving needs of homebuyers and contributing to the overall growth of the housing sector. Vridhi Home Finance's successful fundraising reflects its ambition to become a key player in the housing finance market, driving financial inclusion and supporting homeownership in India. Vridhi Finserv Home Finance Limited #VridhiHomeFinance #Funding #HousingFinance #Microshots #Investment #Fintech

#TodayStartupNews 🚀 – 𝗦𝘄𝗶𝗴𝗴𝘆, 𝗖𝗿𝗲𝗱, 𝗔𝗺𝗮𝘇𝗼𝗻 is in the news today: -> Whatfix hits ₹425 Cr in FY24, marking a 49% revenue boost! This SoftBank-backed SaaS startup is setting new standards in the enterprise sector. -> Hala Mobility raises ₹51 Cr ($6M) in Pre-Series A funding, advancing sustainable EV ride-sharing. -> Country Delight secures ₹200 Cr in debt funding from Alteria Capital, showing strong growth in dairy tech. -> CRED expands into insurance via CRED Garage, led by Kunal Shah, enhancing financial wellness offerings. -> Vridhi Finserv Home Finance Limited raises ₹310 Cr in Series B funding, led by Norwest Venture Partners. -> Auquan nets $4.5 million in seed funding, led by Peak XV Partners’s Surge. -> Amazon reports a 55% profit increase, driven by Amazon Web Services (AWS), hitting $15.3B in Q3. -> Swiggy plans its IPO on November 6-8, targeting $1.35 billion with a valuation of $11.3 billion. -> SIERRA AI achieves a $4.5 billion valuation after raising $175 million led by Greenoaks Capital. #StartupNews #Innovation #SaaS #EV #Fintech #Funding

Weekly Funding roundup (28th Oct to 2nd Nov) The festive vibes during the last week of October contributed to the sluggish VC inflows of $125+ million in funding. There were a few sizeable venture debt transactions reported during the week. Online B2B platform udaan.com raised ₹300 crore (approx. $36 million) from Lighthouse Canton, Stride Ventures, InnoVen Capital, and Trifecta Capital. Arya.ag has received a $19.8 million debt facility guarantee from the U.S. International Development Finance Corporation (DFC). The funding was from sectors such as e-commerce, edu-wealth, Agritech, Business automation, and home finance. The leading investors who invested in these startups are Nexus Venture Partners, Surge, Elevation Capital, Lighthouse Canton, Stride Ventures Round2 Capital Partners, Norwest Venture Partners, and U.S. International Development Finance Corporation First Cheque Turbostart COOX udaan.com Zinc Arya.ag EvoluteIQ Auquan Vridhi Finserv Home Finance Limited

Indian Startup News Sum UP | October 28 – November 01 Startup Highlights of the Week: New Funding, Big Moves, and Collaboration Finova Capital, Vridhi Finserv Home Finance Limited, Zinc, Country Delight, Propelld , Manoj Shetty, Castrol India, Kedar Lele, Bipin Shah, Ofis Square, and Birla Brainiacs. To share your startup information write us on - startup@viestories.com For Startup funding reach out us at: https://lnkd.in/gqwTnHME Join Our Whatsapp Channel To Get The Latest Updates & News: https://lnkd.in/esJEFzan #weeklyroundup #fundraising #vcfunding #Indianstartup #weeklyfunding #weeklynews #startupfunding #fundingalert #Indianbusiness #investment #startup #acquisition #news

This week in #FinTech deal activity: 37 financings and 18 M&A transactions 👉 Highlights include Moniepoint’s $110 million financing – one of the largest African FinTech Series C rounds ever – and the sixth $1 billion+ private equity buyout of a Healthcare FinTech company so far this year with Francisco Partners’ acquisition of AdvancedMD.  📊 View or download the weekly infographic below or here: https://lnkd.in/ej77-8Z6  💰 Largest / Notable Deals This Week: • SMB payments platform Melio raises $150 million in Series E financing led by Fiserv at a $2 billion valuation, down from $4 billion in 2021 • India-based alternative lender (NBFC) Finova Capital raises $135 million in funding led by Avataar Venture Partners, Sofina and Madison India Capital • Nigeria-based SMB payments and banking FinTech company Moniepoint Group raises $110 million in Series C financing led by Development Partners International (DPI) • Property management platform DoorLoop raises $100 million in Series B financing led by JMI Equity • India-based home financing company Vridhi Finserv Home Finance Limited raises ~$37 million in financing led by Norwest Venture Partners • Francisco Partners acquires medical office software provider AdvancedMD for $1.1 billion from Global Payments Inc. which had acquired the business in 2018 for $700 million Reflexivity, Zinc, Elevate.inc, Billd, Wildfire Systems, Inc, Eckoh, Fingercheck, Edison Partners, Bridgepoint, Paytronix, The Access Group, FactSet, iCapital, Carta

These startups are making significant strides with their recent funding rounds! Vridhi Finserv Home Finance Limited | Finova Capital | Auquan | udaan.com | Healthify #MarketingMind #FundingAlert #Highlights

🌾✨ Celebrating the Spirit of Karnataka – Building Dreams, Brick by Brick ✨🌾 This𝐊𝐚𝐫𝐧𝐚𝐭𝐚𝐤𝐚 𝐑𝐚𝐣𝐲𝐨𝐭𝐬𝐚𝐯𝐚, we at Vridhi Home Finance aren’t just celebrating the formation of a state; we’re celebrating resilience, unity, and the shared dream of a brighter future for every Kannadiga. Just as our state stands tall with its cultural richness and modern advancements, we’re proud to support the dreams of those who call Karnataka home. At Vridhi, we believe in the power of a home. A space where families grow, dreams take shape, and futures are secured. Just like Karnataka’s journey of progress, we walk alongside you, transforming aspirations into reality, one home at a time. Here’s to the land that inspires us with its heritage and fortitude. May Karnataka continue to thrive, and may every dream find its foundation. 𝐇𝐚𝐩𝐩𝐲 𝐊𝐚𝐫𝐧𝐚𝐭𝐚𝐤𝐚 𝐑𝐚𝐣𝐲𝐨𝐭𝐬𝐚𝐯𝐚 𝐟𝐫𝐨𝐦 𝐕𝐫𝐢𝐝𝐡𝐢 𝐇𝐨𝐦𝐞 𝐅𝐢𝐧𝐚𝐧𝐜𝐞 – 𝐁𝐮𝐢𝐥𝐝𝐢𝐧𝐠 𝐅𝐨𝐮𝐧𝐝𝐚𝐭𝐢𝐨𝐧𝐬, 𝐄𝐦𝐩𝐨𝐰𝐞𝐫𝐢𝐧𝐠 𝐅𝐮𝐭𝐮𝐫𝐞𝐬. Ram Naresh Sunku Sunil Mehta Sandeep Arora Arun Balamani Abhishek Saxena CA Shashankk Shekhar Tripathi Venkats Suresh Sunku Narendra Jangir Nitin Saharia #KarnatakaRajyotsava #VridhiHomeFinance #BuildingDreams #EmpoweringKarnataka #KannadaRajyotsava #VridhiCares

🌟 This Diwali, Let Your Dreams Find a Home with Vridhi Home Finance! 🌟 Diwali is all about lighting up new possibilities and setting the stage for growth. At Vridhi Home Finance, we know a home isn’t just a place—it’s the foundation for dreams, security, and cherished moments. As we celebrate the festival of lights, we’re here to help make those dreams a reality. May this Diwali bring you closer to building the life you envision, one bright step at a time. Here’s to brighter spaces, financial peace, and the journey to your perfect home. From all of us at Vridhi, wishing you a Diwali filled with light, love, and new beginnings! 🪔✨ Ram Naresh Sunil Mehta Sandeep Arora Arun Balamani Abhishek Saxena CA Shashankk Shekhar Tripathi Venkats Suresh Sunku Narendra Jangir Nitin Saharia #VridhiHomeFinance #DiwaliDreams #FestivalOfNewBeginnings #HomeFinance