Last deal

$108.79M
Local Amount - INR 8B

Amount

Private Equity

Stage

30.09.2020

Date

1

all rounds

$108.79M

Total amount

date founded

Financing round

General

About Company
Home First Finance Company (HFFC) provides housing loans to low and middle-income individuals.

Industry

Sector :

Subsector :

Also Known As

HFFC

founded date

01.01.2010

Number of employees

Company Type

For Profit

Last funding type

Private Equity

IPO status

Private

Description

HFFC focuses on first-time home buyers who struggle to obtain loans from traditional financial institutions. They offer loans ranging from ₹5 to ₹50 lakhs and prioritize customer satisfaction by blending technology and personalization in the loan process. With a presence in 65+ cities and 70+ branches across 11 states, HFFC has successfully provided over 50,000 home loans with informal documentation. Their product offerings include home loans, construction loans, loans against property, and loans for NRIs.
Contacts
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M&A Details
1

Transaction name

Acquired by

True North

announced date

27.02.2017

price

$100M

Financials

Funding Rounds
1
1

Number of Funding Rounds

$108.79M

Money Raised

Their latest funding was raised on 30.09.2020. Their latest investor Warburg Pincus. Their latest round Private Equity

Date 
Funding Round 
Investors 
Money Raised 
Lead 
30.09.2020
1
$108.79M
Local Amount - INR 8B
Warburg Pincus

Warburg Pincus

Warburg Pincus is a global private equity firm focused on growth investing.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Keywords

Financial Services, Venture Capital, Finance

Location

New York, NY, USA

total rounds

1

total raised

$38.03M

count Of Investments

437

count Of Exists

94
Co-Investors
Investors
1
1

Number of lead investors

1

Number of investors

Investor 
Lead 
Round 
Partners 
Yes
Private Equity
Warburg Pincus

Warburg Pincus

Warburg Pincus is a global private equity firm focused on growth investing.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Keywords

Financial Services, Venture Capital, Finance

Location

New York, NY, USA

total rounds

1

total raised

$38.03M

count Of Investments

437

count Of Exists

94

People

Founders
2
p Jayakumar
p Jayakumar

p Jayakumar

current job

Home First Finance Company
Home First Finance Company

count Of Investments

1

p Jayakumar

Jaithirth Rao
Jaithirth Rao

Jaithirth Rao

Jaithirth (Jerry) Rao holds Master's degrees in Business Administration from the IIM-Ahmedabad as well as the University of Chicago, US. He is a visiting faculty at both the institutions. He has been honoured with the Distinguished Alumnus Award from the University of Chicago. He was also the Founder, Chairman and Managing Director of Mphasis during which time he was awarded the Ernst & Young Entrepreneur of the Year Award twice in 2001 & 2004, and the Karnataka State Rajyothsava Award in 2005. In the past,Rao has served as chairman of NASSCOM. He was with the Citicorp for 20 years in various capacities, including the Head of Citibank where he was primarily responsible for building one of the bank's Asian retail and credit card franchises, apart from working in various parts of the world. He has been an entrepreneur-in-residence at the Harvard Business School and lecturer at IIT, Bombay.He is on the Board of Trustees of the India Foundation of the Arts and of Sujaya Foundation.

current job

Value and Budget Housing Corporation
Value and Budget Housing Corporation

count Of Investments

3

Jaithirth Rao

Employee Profiles
6
Gaurav Mohta

Gaurav Mohta

Chief Marketing Officer

Nutan Gaba Patwari

Nutan Gaba Patwari

Chief Financial Officer

Ramakrishna Vyamajala

Chief Human Resources Officer

Manoj Viswanathan

Manoj Viswanathan

Chief Executive Officer

Jaithirth Rao

Jaithirth Rao

Founder

p Jayakumar

p Jayakumar

Founder

Activity

Recent News
2
News Timeline

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