Fintech startup Basic Home Loan, which focuses on automating home loans for middle- and low-income households in India, has raised $10.6 million (Rs 87.5 crore) in a Series B funding round. The platform aims to simplify the home loan process and make housing more accessible by leveraging technology to provide more efficient, affordable solutions.
India Juris acted as Legal Counsel to existing investors, 9Unicorns and Venture Catalysts, in Basic Home Loan which invested in the Series B round as well to increase their stakes.
The transaction was led by India Juris, Mumbai.
More details about the transaction can be read at Economic Times
