Financial technology startup Homeville raises $7 mn from investors

Mumbai-based Homeville has raised $7 million from investors to scale up mortgage platforms and bolster its technology infrastructure.

Homeville, a housing finance financial technology startup, was founded by Indian Institute of Management (IIM) alumni – Lalit Menghani, Madhusudan Sharma and Prasad Ajinkya.

It has raised $7 million with participation from 9Unicorns, JITO Angel Network, Confederation of Real Estate Developers' Associations of India (CREDAI) Members Network, Varanium NexGen Fund, Blacksoil and Earlsfield Capital along with other investors, Homeville told media.

Current funding will be used to further grow technology infrastructure and scale mortgage platforms to help both millennials and home buyers in the affordable segment.

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