India's Bharat Housing Network raises $15m

Nabventures Fund leads infusion into startup tech platform for co-lending

20231113 houses in Mumbai

Residences in Mumbai. Bharat Housing Network is a technology platform for co-lending in affordable housing. (Photo by Ken Kobayashi)

PRAMUGDHA MAMGAIN, DealStreetAsia

NEW DELHI -- Bharat Housing Network, a technology platform for co-lending in affordable housing, has raised 1.25 billion rupees ($15 million) led by Nabventures Fund, according to a company announcement.

The capital infusion marks Nabventures Fund's seventh investment this year. The fund, backed by the likes of Nabard, SIDBI, Axis Bank and LIC, is focused on agri-food and rural tech, including fintech.

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