Basic Home Loan to end FY25 with Rs 15,000 crore disbursement
Basic Home Loan, a platform for automating home loans for middle- and low-income households in India, which has recently raised $10.6 million (Rs 87.5 crore) in a Series B funding round, is expected to close FY25 with Rs 15,000 crore disbursal.
ET Year-end Special Reads
Why these three sectors look promising for investors in 2025
18 top stock picks for 2025 from 6 leading brokers
Buying a home in 2025? Here's how property market can shape up
“In FY24, we almost doubled our annual disbursements. This year, we are looking at 2.5x growth,” said Co-Founder CEO Atul Monga said.
The company’s referral agent network has also grown from 10,000 in December 2023 to over 15,000 in December 2024.
The company disbursed 400 loans in FY21, 1,700 in FY22, 6,500 in FY23 and 12,000 in FY24 with an average ticket size of Rs 55 lakh.
It is targeting Rs 25000 crore disbursement in for FY26.
Artificial Intelligence(AI)
Java Programming with ChatGPT: Learn using Generative AI
By — Metla Sudha Sekhar, IT Specialist and Developer
Artificial Intelligence(AI)
Basics of Generative AI: Unveiling Tomorrows Innovations
By — Metla Sudha Sekhar, IT Specialist and Developer
Artificial Intelligence(AI)
Generative AI for Dynamic Java Web Applications with ChatGPT
By — Metla Sudha Sekhar, IT Specialist and Developer
Artificial Intelligence(AI)
Mastering C++ Fundamentals with Generative AI: A Hands-On
By — Metla Sudha Sekhar, IT Specialist and Developer
Artificial Intelligence(AI)
Master in Python Language Quickly Using the ChatGPT Open AI
By — Metla Sudha
