Bharat Housing Network raises $14.5 M in Series A led by Nabventures

Mumbai- and Bengaluru-based Bharat Housing Network, a tech platform for co-lending in affordable housing, has raised INR 125 crore (about USD 14.5 million) in its Series A round led by Nabventures Fund with participation from Varanium NexGen Fund, 9Unicorns, Riverwalk Holdings, SMK Ventures, DMI Sparkle Fund, LC Nueva and others. The company will use the fresh proceeds to grow the affordable mortgage assets on the balance sheet and strengthen the technology platform. Bharat Housing Network provides capital, technology and infrastructure to housing finance companies and non-banking finance companies for housing credit delivery at the grassroot level.