Last deal

$6.58M
Local Amount - INR 545M

Amount

Post-IPO Equity

Stage

10.08.2023

Date

1

all rounds

$6.58M

Total amount

date founded

Financing round

General

About Company
Reliance Home Finance is an Indian home finance company that offers a range of housing finance solutions.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2008

Number of employees

Company Type

For Profit

Last funding type

Post-IPO Equity

IPO status

Private

Description

Founded in 2008 and based in Mumbai, India, Reliance Home Finance (NSE: RHFL) provides loans against property, housing finance loans, construction funding loans, and other financial solutions. The company generates revenue primarily from the interest received from housing and other loans. In March 2023, Reliance Home Finance was acquired by Authum. It operates as a subsidiary of Reliance Capital Limited and is recognized as one of the top financial services companies in India.
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M&A Details
1

Acquired by

Authum Investment and Infrastructure

announced date

01.04.2023

Financials

Funding Rounds
1
1

Number of Funding Rounds

$6.58M

Money Raised

Their latest funding was raised on 10.08.2023. Their latest round Post-IPO Equity

Date 
Funding Round 
Investors 
Money Raised 
Lead 
10.08.2023
$6.58M
Local Amount - INR 545M
Co-Investors

People

Employee Profiles
1
Ravi Sudhalkar

Ravi Sudhalkar

Chief Executive Officer & Director

Activity

Recent News
5
News Timeline

The graph reveals the ratio (%) of positive news articles in a chosen time range

month