Mortgage-tech company Easy Home Finance has raised $30 million in a Series C funding round led by Investcorp. Existing investors Claypond Capital and SMBC Asia Fund, which led the company’s $35 million Series B round in late 2024, also participated. With this round, the company’s total equity capital raised has crossed $80 million.
The round marks Investcorp’s entry into India’s mortgage-tech and lending sector, signalling a renewed focus on scaled lending platforms and long-duration investment opportunities in the country’s financial services market.
Founded in 2017 by Rohit Chokhani, Easy Home Finance is a pan-India mortgage-tech company that builds technology-led capabilities across mortgage origination and the home-loan value chain. The company primarily caters to low- and middle-income borrowers.
The fresh capital will be used to expand the company’s loan book and deepen its presence in smaller towns, Chokhani said, as reported by The Economic Times. Easy Home Finance is currently present in 14 states and 106 cities, and plans to expand further into towns with populations of over 500,000.
While the company maintains its own loan book, it also operates a co-lending model with DCB Bank and Bajaj Finance. Around 40% of its business comes from tier-II and tier-III cities. Its assets under management stand at around Rs 2,000 crore, including both its own and co-lending portfolios. The company is targeting a loan book of Rs 3,500–3,800 crore over the next 18 months.
“This equity raise is a statement of intent. We are building for scale—pan-India expansion, faster distribution, and deeper investment across product and talent,” said Rohit Chokhani, Managing Director of Easy Home Finance. “The participation of Investcorp, alongside continued support from Claypond and SMBC, our long-term shareholders, strengthens our ability to move faster and build bigger.”
The continued participation of existing investors reflects sustained confidence in the company’s growth strategy. Easy Home Finance’s shareholder base includes a mix of global and domestic private equity funds, along with large family offices.
The company said the capital will also be deployed towards technology and product development to support long-term growth.
