BASIC Home Loan

formerly BASIC Home Loans

BASIC Home Loan is a fintech company in Gurugram, India, founded in 2020. It has raised $18.8M across 3 rounds, most recently a $10.6M Series B in September 2024.

Making housing more accessible, changing home loans for good.

Headquarters
Gurugram, Haryana
Employees
201–500
Founded
2020
Business Model
B2C
Total Funding
$18.8M
Last Round
$10.6M Series BSep 2024
Rounds
3

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

Indexed holds 3 funding rounds and 7 investors for this company. The full record is or through the API.

About

BASIC Home Loan is an India-based fintech platform founded in 2020 that helps homebuyers compare and secure home loans from 150+ lenders, including banks and NBFCs, at zero advisory fee. The platform combines AI-powered eligibility assessment with dedicated human loan advisors to provide end-to-end guidance from application to disbursal. It targets salaried and self-employed borrowers across India, particularly in affordable housing segments, and has served over 400,000 families with more than ₹50,000 crore in loans approved.

Summary

It lists 201–500 employees. It has raised $18.8M in total across 3 rounds, most recently a $10.6M Series B round in Sep 2024. Investors include Ashish Kacholia, Bertelsmann India Investments and Venture Catalysts.

Tech & App Stack

5 technologies & apps tracked

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Funding History

Data from Indexed.vcUpdated
Series BSeries BSep 2024
$10.6M

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Funding: Series A through Series B. Amounts, valuations, and investors where available.

Investors

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