# BASIC Home Loan: Financial services, Gurugram, India > BASIC Home Loan: BASIC Home Loan is an Indian fintech company founded in 2020 by Atul Monga, Kalyan Josyula, and Pranav Khattar, with its headquarters in... Source: https://millionrounds.com/startup/basic-home-loan (Millionrounds; every figure on the page links to its filing or article) India · [Financial services startup](https://millionrounds.com/companies) # BASIC Home Loan BASIC Home Loan is an Indian fintech company founded in 2020 by Atul Monga, Kalyan Josyula, and Pranav Khattar, with its headquarters in Gurugram, Haryana. Email Funding reported Last round: Series B Financial services Gurugram, India Follow BASIC Home Loan and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fstartup%2Fbasic-home-loan) Company summary - **Founded:** 2020 6 years old - **Team:** 510 201 to 1,000 people - **Funding reported:** 19.3M as listed, currency not stated - **Last round:** Series B Sept 2024 How sure we are - ✓ **Listed** We know it exists and what it does - 2 **Funding reported** A company dataset reports a raise - 3 **Observed** A filing or a dated announcement confirms a round No round for BASIC Home Loan has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology) ## About BASIC Home Loan BASIC Home Loan is an Indian fintech company founded in 2020 by Atul Monga, Kalyan Josyula, and Pranav Khattar, with its headquarters in Gurugram, Haryana. The company focuses on digitizing the home loan origination process to enhance access for mid- and low-income households across India. Utilizing a "Phygital" approach, BASIC Home Loan combines digital technology with a network of over 15,000 field agents who assist customers throughout the loan process, reaching underserved areas in Tier-2 and Tier-3 cities. The company offers a fully automated, paperless home loan brokerage platform that includes services such as automated home loan origination, multi-lender matching, and specialized affordable housing solutions. BASIC Home Loan has processed loan applications worth over $1 billion monthly and has disbursed more than $1.3 billion in mortgages since its inception. With a mission to increase affordable loan penetration, BASIC Home Loan aims to support families in achieving home ownership while contributing to India's "Housing for All" initiative. ## What company datasets say BASIC Home Loan raised Funding, as reported Reported in all **19.3M** in the source's currency Rounds **3** Last round **Series B** Last round size **10.6M** Last round date **Sept 2024** ## On 6 portfolio pages Investors who name them - [IIM Indore Alumni Angel Fund](https://millionrounds.com/fund/iim-indore-alumni-angel-fund) - [Lets Venture](https://millionrounds.com/fund/lets-venture) - [Silver Ridge Accelerator1](https://millionrounds.com/fund/silver-ridge-accelerator) - [Gruhas Proptech](https://millionrounds.com/fund/gruhas) - [28 Ventures](https://millionrounds.com/fund/28-ventures-2) - [VC Grid](https://millionrounds.com/fund/vc-grid) Each firm lists BASIC Home Loan on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source. ## The company, in detail What they build Known for loan approval in days property finance digital home loan urban housing phygital home loans mortgage and nonmortgage loan brokers loan approval automation public sector banks home renovation construction loans home equity loans rural home loans loan eligibility check digital mortgage approval india personalized quotes loan tracking system Built with from their website Microsoft Excel Docker ChatGPT Google Tag Manager Amazon Elastic Load Balancer Amazon CloudFront Nestjs Google Hosted Libraries Google Sheets CAPTCHA +8 more Google Font API Zapier WordPress.org HSTS Figma Atlassian TypeScript Leaflet - **Sector:** Financial services - **Industry code:** NAICS 52231, SIC 6162, 6163 - **Region:** Haryana - **Revenue:** 3.5M a year, as listed ## Financial services in India Startups like it - [**KreditBee** Bengaluru · founded 2018 *Raised*](https://millionrounds.com/company/kreditbee) - [**CoinDCX** Mumbai · founded 2018 *Raised*](https://millionrounds.com/company/coindcx) - [**Navi** Bengaluru · founded 2018 *Raised*](https://millionrounds.com/company/navi) - [**Scapia** Bengaluru · founded 2022 *Raised*](https://millionrounds.com/company/scapia) - [**Khatabook** Bengaluru · founded 2018 *Raised*](https://millionrounds.com/company/khatabook) - [**KredX** Bengaluru · founded 2015 *Raised*](https://millionrounds.com/company/kredx) - [**Upstox** Mumbai · founded 2009 *Raised*](https://millionrounds.com/company/upstox) - [**Turtlemint** Mumbai · founded 2015 *Raised*](https://millionrounds.com/company/turtlemint) ## Is this your company? 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