Kul Bhushan · · 1 min readIndian mortgage tech startup raises $15m in series A round
Easy, an India-based mortgage tech startup, has raised US$15 million in a series A funding round led by Xponentia Capital.
The round also saw participation from Harbourfront Capital, FinSight Ventures, RaSa Future Fund, Navida Capital, Helena Wasserman Eriksson, and Integra Software.
Photo credit: Easy
Easy said in a statement that it previously raised an undisclosed amount from Harbourfront Capital in August 2019.
Founded in 2018, Easy focuses on making it simpler for people to get home loans online. It offers features like property search, credit check, and an online loan management system.
The company has combined its in-house property intelligence tech with credit tech to deliver a “seamless consumer experience within minutes and not days,” according to the company’s founder and director, Rohit Chokhani.
The Mumbai-based company added that it aims to widen its coverage to include more than 100 locations across India in the future. It is also looking to have US$150 million in assets under management in the next 24 months.
Editing by Collin Furtado and Arpit Nayak
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