Micro Housing Finance Corporation Limited

company

About

Micro Housing Finance Corporation provides housing finance for lower income households mainly in urban India.

  • Mumbai,Maharashtra,India
  • 101 - 250

Details

Last Funding Type
Private Equity(PE)
Last Funding Money Raised
$5.40M
Industries
Banking,Crowdfunding,Customer Service,Finance,Financial Services,Real Estate
Founded date
May 16, 2008
Number Of Employee
101 - 250
Operating Status
Active

Micro Housing Finance Corporation Limited (“MHFC”) was incorporated on May 16, 2008 with the objective to provide housing finance for lower income households (mostly in the informal sector) in urban India.

One of the issues stalling the development of low income housing is the lack of finance available to lower income households (especially those without documentation to prove incomes) to buy such homes. MHFC was set up to specifically address this gap.

The company has received the necessary regulatory clearance from the National Housing Bank ("NHB") in the form of the Certificate of Registration ("COR").

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$5.40M
Micro Housing Finance Corporation Limited has raised a total of $5.40M in funding over 2 rounds. Their latest funding was raised on Sep 16, 2013 from a Private Equity(PE) round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Sep 16, 2013 Private Equity(PE) $5.40M 3 Detail
Dec 1, 2009 Series Unknown 1 Caspian Impact Investments Detail

Investors

Number of Lead Investors
Number of Investors
1
3
Micro Housing Finance Corporation Limited is funded by 3 investors. Caspian Impact Investments and Michael & Susan Dell Foundation are the most recent investors.
Investor Name Lead Investor Funding Round
Caspian Impact Investments Private Equity(PE)
Michael & Susan Dell Foundation Private Equity(PE)
Unilazer Ventures Private Equity(PE)

Employee Profiles

Number of Employee Profiles
6
Micro Housing Finance Corporation Limited has 6 current employee profiles, including Executive Rajnish Dhall
Executive
Employee
Board member
Board member
Executive