Nivara Home Finance Secures ₹28M in Series B Funding: Paving the Way for Affordable and Nurturing Housing Finance

We are excited to announce that Nivara Home Finance Ltd. has successfully raised 28,000,000, marking a significant milestone in the company’s mission to transform the affordable housing finance landscape in India. Derived from the Sanskrit word “Nivara,” meaning to cover, shelter, or provide haven, our company is built on the belief that shelter is one of the three essential human needs. Since our incorporation on December 02, 2014 under The Companies Act, 2013 and the subsequent commencement of operations in October 2015 after obtaining certification from the National Housing Bank, we have remained steadfast in our commitment to deliver home loans primarily to the informal sector of urban India. This new funding injection will not only bolster our efforts to make home ownership accessible for countless families but also enable us to innovate our service offerings and extend our reach beyond our initial operations in Karnataka. With this capital, we plan to enhance our digital platforms, implement advanced risk assessment models, and strengthen our customer service framework, ensuring that we set new benchmarks in transparency, efficiency, and customer satisfaction. Our experienced board and dedicated team continually drive our vision of fostering an atmosphere where affordable housing finance leads to overall human development. As we take this leap forward, our commitment to the highest standards of corporate governance remains unwavering, and we look forward to leveraging this investment to contribute more substantially to the nation’s affordable housing sector while nurturing the dreams of homeownership for many.