Looking for a home loan? This startup is ensuring hassle-free loans with its automated platform
Gurugram-based Basic Home Loans is working to digitise home loans and increase affordable loan penetration for middle and low-income households.
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Housing is a fundamental need and it determines the aspiration of a society. In the last decade, there has been a lot of innovation to support housing for middle and low-income groups from the government. It is also an area of interest for many financial institutions.
Basic Loans was founded by
Atul Monga, Kalyan Josyula, and Pranav Khattar in 2020 to make home loans a faster and stress free process. The startup is working to digitise home loans and increase affordable loan penetration for middle and low-income households.
Blackstone-backed Aadhar Housing Finance files DRHP for big bang $1-billion IPO
Aadhar Housing Finance IPO is expected to be a combination of fresh and secondary issue of shares January 25, 2021 / 11:20 AM IST
Blackstone, the world’s largest alternative asset manager and the largest owner of commercial real estate in India, has filed a draft red herring prospectus with market regulator Sebi for a mega initial public offering (IPO) by its portfolio company Aadhar Housing Finance to raise Rs 7,300 crores, people familiar with the matter told Moneycontrol.
“The IPO will be a combination of fresh and secondary issue of shares, said one of the individuals cited above.