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    Question

    Bharat Housing Network, a technology platform for

    co-lending in affordable housing, has raised ________ led by NABVENTURES in a Series A funding, with participation by Varanium NexGen Fund, 9 Unicorns, Riverwalk Holdings, SMK Ventures, DMI Sparkle Fund, LC Nueva, and other investors.
    A Rs.100 crore Correct Answer Incorrect Answer
    B Rs.125 crore Correct Answer Incorrect Answer
    C Rs.140 crore Correct Answer Incorrect Answer
    D Rs.175 crore Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Bharat Housing Network, a technology platform for co-lending in affordable housing, has raised Rs 125 crore led by NABVENTURES in a Series A funding, with participation by Varanium NexGen Fund, 9Unicorns, Riverwalk Holdings, SMK Ventures, DMI Sparkle Fund, LC Nueva, and other investors.┬а ┬а The housing finance industry is expected to grow at a compound annual growth rate (CAGR) of 13-14 per cent in the long run, with home loan originations expected at Rs 10.4 trillion by financial year 2025 (FY25) and Rs 18.7 trillion by financial year 2030 (FY30).

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