Aadhar Housing Finance

Mumbai, India Founded: 2010 • Age: 16 yrs Acquired By Blackstone
Loans for affordable housing in tier 2,3 and 4 cities
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About Aadhar Housing Finance

Aadhar Housing Finance is a company based in Mumbai (India) founded in 2010 by Kapil Wadhawan, Sarang Wadhawan, and Aruna Rajeshkumar Wadhawan was acquired by Blackstone in February 2019.. Aadhar Housing Finance has raised $607.85 million across 3 funding rounds from investors including International Finance Corporation, Blackstone and Deewan Housing Finance Corporation. The company has 4,580 employees as of March 31, 2024. Aadhar Housing Finance operates in a competitive market with competitors including HomeFirst Finance, HDFC, India Shelter Finance Corporation, Shubham and Ummeed Housing Finance, among others.

  • Headquarter Mumbai, India
  • Employees 4580 as on 31 Mar, 2024
  • Founders Kapil Wadhawan, Sarang Wadhawan, Aruna Rajeshkumar Wadhawan
  • Stage Public
  • Sectors
    Financial Services
    Real Estate & Construction
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Aadhar Housing Finance Ltd
Operational Areas
Financial Services → FinTech & Digital Finance
Real Estate & Construction → Real Estate Development & Housing
Key Metrics
  • Annual Revenue
    $359.35 M (USD)
    20.02
    as on Mar 31, 2024
  • Net Profit
    $106.54 M (USD)
    21.64
    as on Mar 31, 2024
  • EBITDA
    $281.66 M (USD)
    21.58
    as on Mar 31, 2024
  • Total Equity Funding
    $607.85 M (USD)

    in 3 rounds

  • Latest Funding Round
  • Investors
  • Employee Count
    4580

    as on Mar 31, 2024

  • Acquired by
    Blackstone

    (Feb 02, 2019)

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IPO & Listings of Aadhar Housing Finance

Aadhar Housing Finance is a publicly listed company on the NSE with ticker symbol AADHARHFC in India, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NSE · Ticker: AADHARHFC . Sector: Finance · India
People of Aadhar Housing Finance
Headcount 1000-5000
Employee Profiles 112
Employee Profiles
People
Tikeshwar Sahu
Branch Technical Manager
People
Yuvraj Shinde
Branch Technical Manager
People
Rishi Joshi
Technical Manager
People
Pramod Kumar Singh
Cluster Manager

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Funding Insights of Aadhar Housing Finance

Aadhar Housing Finance has successfully raised a total of $607.85M across 3 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 3
  • Last Round
  • First Round

    (05 Dec 2017)

  • Investors Count 12
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2022 Amount Debt – Conventional - Aadhar Housing Finance Valuation

investors

IFC
Jan, 2019 Amount Debt – Conventional - Aadhar Housing Finance Valuation

investors

Dec, 2017 Amount Series A - Aadhar Housing Finance Valuation Wadhawan Global Capital
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Aadhar Housing Finance

Aadhar Housing Finance has secured backing from 13 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include International Finance Corporation, Blackstone and Deewan Housing Finance Corporation. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
IFC is focused on private sector development in emerging markets.
Founded Year Domain Location
Private investment firm offering equity and debt financing
Founded Year Domain Location
Diversified investment management is provided across multiple asset classes.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Aadhar Housing Finance

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Aadhar Housing Finance

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Aadhar Housing Finance Comparisons

Employees
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Competitors of Aadhar Housing Finance

Aadhar Housing Finance operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as HomeFirst Finance, HDFC, India Shelter Finance Corporation, Shubham and Ummeed Housing Finance, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Affordable home loans are extended to low and middle-income groups.
domain founded_year HQ Location
Provider of housing finance solutions
domain founded_year HQ Location
Housing loans are extended to middle-income households in India.
domain founded_year HQ Location
Affordable housing finance solutions are provided to underserved individuals.
domain founded_year HQ Location
Real estate financing company
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Aadhar Housing Finance

Frequently Asked Questions about Aadhar Housing Finance

When was Aadhar Housing Finance founded?

Aadhar Housing Finance was founded in 2010 and raised its 1st funding round 7 years after it was founded.

Where is Aadhar Housing Finance located?

Aadhar Housing Finance is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Who is the current CEO of Aadhar Housing Finance?

Rishi Anand is the current CEO of Aadhar Housing Finance.

Is Aadhar Housing Finance a funded company?

Aadhar Housing Finance is a funded company, having raised a total of $607.85M across 3 funding rounds to date. The company's 1st funding round was a Series A of $607.85M, raised on Dec 05, 2017.

How many employees does Aadhar Housing Finance have?

As of Mar 31, 2024, the latest employee count at Aadhar Housing Finance is 4,580.

What is the annual revenue of Aadhar Housing Finance?

Annual revenue of Aadhar Housing Finance is $359.35M as on Mar 31, 2024.

What does Aadhar Housing Finance do?

Aadhar Housing Finance was founded in 2010 and is based in Mumbai, India. Loans for affordable housing are offered to individuals in tier 2, 3, and 4 cities, focusing on underserved markets. Operations occur within the financial services sector, with an emphasis on housing finance solutions. Services target semi-urban and rural areas to support homeownership needs, accessible via the domain aadharhousing.com.

Who are the top competitors of Aadhar Housing Finance?

Aadhar Housing Finance's top competitors include HomeFirst Finance, India Shelter Finance Corporation and HDFC.

Is Aadhar Housing Finance publicly traded?

Yes, Aadhar Housing Finance is publicly traded on NSE under the ticker symbol AADHARHFC.

Who are Aadhar Housing Finance's investors?
What is Aadhar Housing Finance's ticker symbol?

The ticker symbol of Aadhar Housing Finance is AADHARHFC on NSE.

What is Aadhar Housing Finance's valuation?

The valuation of Aadhar Housing Finance is $659.77M as of Dec 2017.

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