Home financing startup Easy Home Finance, which had secured $35 million in a funding round led by Ranjan Pai’s family office Claypond Capital and Japanese financial services major Sumitomo Mitsui Banking Corporation’s Asia Rising Fund, has availed long term financing through NCD issuance with Franklin Templeton Alternative Investments Fund, India (Franklin Templeton AIF).
The investment has been funded through Franklin India Credit AIF, an alternative investment fund focused on private credit opportunities.
The investment will support company’s expansion in high-potential housing districts, enhance its capital strength.
“Franklin Templeton’s backing is a clear validation of our robust credit architecture, inclusive business model, and disciplined growth strategy,” said Bikash Mishra, Chief Financial Officer, Easy Home Finance.
Founded in 2018, Easy has enabled over 15,000 families to achieve homeownership through its mobile-first lending platform and is on track to double this number by FY26. Operating across 13 Indian states that collectively represent more than 85% of national mortgage demand, Easy is helping bridge the credit access gap in Tier II & III towns and peri-urban clusters.
Northern Arc Capital Limited acted as the exclusive advisor in facilitating this transaction.
The investment has been funded through Franklin India Credit AIF, an alternative investment fund focused on private credit opportunities.
The investment will support company’s expansion in high-potential housing districts, enhance its capital strength.
“Franklin Templeton’s backing is a clear validation of our robust credit architecture, inclusive business model, and disciplined growth strategy,” said Bikash Mishra, Chief Financial Officer, Easy Home Finance.
Founded in 2018, Easy has enabled over 15,000 families to achieve homeownership through its mobile-first lending platform and is on track to double this number by FY26. Operating across 13 Indian states that collectively represent more than 85% of national mortgage demand, Easy is helping bridge the credit access gap in Tier II & III towns and peri-urban clusters.
Northern Arc Capital Limited acted as the exclusive advisor in facilitating this transaction.
You may also like
Smartwatch, fitness tracker may help detect abnormalities in pregnancy
Asia Cup: We'll Assess The Condition To Pick Bowling Attack Against India, Says Saim Ayub
Family's fury as cops insist Brit dad's mysterious Benidorm death was 'accident'
Uttar Pradesh Police Initiates Sedition Case Against Influencer Over Nepal Protest Video
Danielle Collins hospitalised as tennis star releases emotional statement
