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BASIC Home Loans

Gurugram, India · Founded 2020 · $15.3M raised

Headquarters
Gurugram
Employees
201–500
Founded
2020
Business Model
B2C
Total Funding
$15.3M
Last Round
$10.6M Series BSep 2024
Rounds
2

About

BASIC Home Loans is a Gurugram-based fintech startup founded in 2020 by Atul Monga that provides digital home loan advisory services across India. The platform helps borrowers compare lenders, loan amounts, tenure, and interest rates based on their income and property type, and also facilitates home loan balance transfers and construction or renovation financing. The company has raised approximately $24.6M across five funding rounds (Seed through Series B), backed by investors including Bertelsmann India Investments, Gruhas, Picus Capital, and Venture Catalysts. As of mid-2025 the company employed approximately 438 people and reported annual revenue between ₹50–100 crore.

Summary

BASIC Home Loans is a Fintech company based in Gurugram, India, founded in 2020. It has raised $15.3M in total across 2 rounds, most recently a $10.6M Series B round in Sep 2024. Investors include Ashish Kacholia, Bertelsmann India Investments and CE Ventures.

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Funding History

Series BSeries BSep 2024
$10.6M

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Investors

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