Social VC Investments

Home loan provider Aviom raises $10-M from BlueOrchard

Inc42  

Delhi NCR-based Aviom Housing Finance Corporation has raised USD 10 million in debt from BlueOrchard Microfinance Fund.The startup is allotting 1,000 bonds to BlueOrchard Microfinance Fund with a tenure of 72 months.Founded in 2016 by Kajal Ilmi, Aviom provides housing loans to low-income households across India. The firm claims to have disbursed 80,000 plus loans across 13 states of India.

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