Dewan Housing Finance

Acquired

Making Home Ownership Affordable

India · Founded 1984

Employees
1001–5000
Founded
1984
Business Model
B2C
Website
dhfl.com
Last Round
Corporate RoundMar 2019
Rounds
1
Acquisition Date
Sep 2021

Indexed holds 3 funding rounds and 2 investors for this company. The full record is or through the API.

About

Dewan Housing Finance Corporation Limited (DHFL) was India's second largest private housing finance company, established in 1984 to provide affordable home loans to low and middle income groups in Tier II and Tier III cities. The company went into insolvency proceedings in 2019 following a financial fraud scandal and was subsequently acquired by Piramal Capital and Housing Finance Limited in 2021, which rebranded as Piramal Finance.

Summary

Dewan Housing Finance is a Financial Services company based in India, founded in 1984. Its most recent funding was a Corporate Round in Mar 2019. Investors include Piramal Capital & Housing Finance and Warburg Pincus.

Funding & Exit History

AcquisitionPiramal AcquisitionSep 2021

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Funding: Corporate Round. Amounts, valuations, and investors where available.

Investors

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