PE Fund Investments
Lender to low-income households Aviom raises $30-M from Nuveen; C4D exits partly
Delhi-headquartered Aviom India Housing Finance has raised USD 30 million from global investor Nuveen in a new funding round. The company will deploy the fresh funds to expand its market reach and further strengthen its operations. Existing investor C4D Partners has partially exited its holding in the company by selling stake to Nuveen. Aviom caters to low-income households in rural and semi-urban areas, providing them with loans for construction, improvement, sanitation, and renovation.
From the Venture Intelligence PE-VC Deal Database: Between Feb-18 and Mar-23, Aviom had raised over USD 52 M from TIAA, Sabre Partners, BlackSoil Capital, DFC, Gojo & Company, C4D Partners and Insitor Fund. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)
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