Private Equity PE-VC Fund Investments
Affordable home loans player Nivasa raises $3-M led by Prime Venture Partners
Source the company (opens in a new tab)Economic Times (opens in a new tab)
Bengaluru-based fintech platform Nivasa Finance has raised $ 3 M (INR 25-Cr) in a seed funding round led by Prime Venture Partners, with participation from Blume Ventures and Whiteboard Capital.Founded in 2024 by Samit Shetty, the company operates a lending distribution platform for affordable housing loans and loans against property in non-metro markets. It also provides intermediary services by matching underserved borrowers with lending partners.The new funds will be used to expand and strengthen its field execution and distribution network, as well as deepen partnerships with banks, non-banking financial companies (NBFCs), and housing finance companies.