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Economic Times

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Vridhi Home Finance raises Rs 310 crore in fresh funding from Norwest, existing investors

  • Vridhi Home Finance has raised Rs 310 crore in fresh funding from Norwest Venture Partners, Elevation Capital, and its founders.
  • The company plans to invest in building a strong distribution network, risk management practices, and technology backend for a digital home loan process.
  • With the new capital, Vridhi Home Finance aims to expand to new markets and enhance its digital onboarding system.
  • The company focuses on serving small towns with populations between 3,000 and 500,000, offering home loans ranging from Rs 3 lakh to Rs 45 lakh.

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