Mumbai-based home financing firm Easy Home Finance has raised $35 million in a Series B funding round led by Claypond Capital, the family investment office of Ranjan Pai.
The funding round also included participation from Sumitomo Mitsui Banking Corporation's Asia Rising Fund and existing investors.
Easy Home Finance aims to increase its assets under management (AUM) to $300 million and expand its operational reach to more than 150 locations across India.
The firm has integrated technology into its mortgage services to deliver quick and seamless loan disbursals, targeting middle-income customers in the peripheries of major cities.