PE Fund Investments
Easy Home Finance to raise Rs.210-Cr led by Claypond Capital, SMBC Asia
Mumbai-based home loans platform Easy Home Finance is raising INR 210.35 crore in a round led by Ranjan Pai’s Claypond Capital and SMBC Asia. Easy Home Finance is to issue 12,730,960 fully paid equity shares at INR 165.23 each.Claypond Capital will put in INR 150.5 crore. SMBC Asia Rising Fund would invest INR 48.75 crore, while SVS Trust (IV) and Aart Corporate Advisors will contribute INR 5 crore each. Post investment, Claypond Capital will hold a 14.90% stake, while SMBC Asia and SVS Trust (IV) will own 4.80% and 1.02%, respectively.Easy Home Finance focuses on home loan disbursement as well as related services, including home discovery, renovation, and moving assistance. The firm claims to have facilitated over INR 500 crore in loans through third-party lenders to 5,000 families.The company had last raised nearly USD 8 million in a Series A round in September 2023.
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