Varashakti Housing Finance Overview

  • Year Founded
  • 2017

Year Founded

  • Status
  • Private

  • Employees
  • 150

Employees

  • Latest Deal Type
  • Debt

  • Investors
  • 3

Varashakti Housing Finance General Information

Description

Provider of long-term loans for construction, repair, and purchase of a house to customers. The company offers housing loans, small-ticket home loans, loan against property (LAP), and home improvement loans for people who do not have access to formal banking channels, enabling people who are economically weak to realize their dream homes and thus improving the standard of living for the poor.

Contact Information

Website
www.varashaktihousing.co.in
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • New Number 33, Old Number 14, 48th Street
  • 9th Avenue, Ashok Nagar
  • Chennai, Tamil Nadu 600083
  • India
+91 044
Primary Industry
Consumer Finance
Vertical(s)
SaaS, FinTech
Corporate Office
  • New Number 33, Old Number 14, 48th Street
  • 9th Avenue, Ashok Nagar
  • Chennai, Tamil Nadu 600083
  • India
+91 044

Varashakti Housing Finance Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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Varashakti Housing Finance Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
8. Debt - General Completed Generating Revenue
7. Debt Refinancing 08-Jan-2026 Completed Generating Revenue
6. Debt Refinancing Completed Generating Revenue
5. Debt - General Completed Generating Revenue
4. Later Stage VC (Series A) 24-Jul-2023 Completed Generating Revenue
3. Later Stage VC 31-Mar-2022 Completed Startup
2. Early Stage VC 30-Mar-2021 $961K $961K Completed Startup
1. Seed Round 01-Jun-2018 Completed Startup
To view Varashakti Housing Finance’s complete valuation and funding history, request access »

Varashakti Housing Finance Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Ordinary
Ordinary
To view Varashakti Housing Finance’s complete cap table history, request access »

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Varashakti Housing Finance Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Varashakti Housing Finance Investors (3)

Investor Name Investor Type Holding Investor Since Participating Rounds
Creation Investments Capital Management Impact Investing Minority
Incofin Investment Management Impact Investing Minority
Kalpataru Ventures Angel Group Minority
To view Varashakti Housing Finance’s complete investors history, request access »

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Varashakti Housing Finance FAQs

  • When was Varashakti Housing Finance founded?

    Varashakti Housing Finance was founded in 2017.

  • Where is Varashakti Housing Finance headquartered?

    Varashakti Housing Finance is headquartered in Chennai, India.

  • What is the size of Varashakti Housing Finance?

    Varashakti Housing Finance has 150 total employees.

  • What industry is Varashakti Housing Finance in?

    Varashakti Housing Finance’s primary industry is Consumer Finance.

  • Is Varashakti Housing Finance a private or public company?

    Varashakti Housing Finance is a Private company.

  • What is Varashakti Housing Finance’s current revenue?

    The current revenue for Varashakti Housing Finance is .

  • How much funding has Varashakti Housing Finance raised over time?

    Varashakti Housing Finance has raised $7.94M.

  • Who are Varashakti Housing Finance’s investors?

    Creation Investments Capital Management, Incofin Investment Management, and Kalpataru Ventures have invested in Varashakti Housing Finance.

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