About BASIC Home Loan
BASIC Home Loan is a Financial Services company based in Gurugram (India) founded in 2020 by Atul Monga and Kalyan Josyula. Home loan products are compared and applications supported via platform. BASIC Home Loan has raised $24.62 million across 6 funding rounds from investors including Angel List, S⁴Capital and Wellfound. BASIC Home Loan was last valued at $44.33 million in September 2024. Its chief executive, as recorded, is Atul Monga. Its website basichomeloan.com draws about 28 thousand monthly visits. Its focus areas include FinTech, Alternative Lending, Online Lenders and Mortgages. Its competitors include Easiloan, Unico Housing Finance and SimplyForHomes; 2 of its 3 listed competitors have raised funding.
Company details
BASIC Home Loan was founded in 2020 in Gurugram, India, as a fintech platform in the home financing sector. Operations focus on comparing loan products, facilitating home loans, balance transfers, and property-backed loans. Services include eligibility assessments, EMI computations, application tracking, documentation guidance, and connections to lending partners through agent assistance. The platform supports users throughout the loan process in the Indian market.
- Total Equity Funding$24.62M (USD)
in 6 rounds
- Latest Funding Round$5.32M (USD), Series B
Feb 2026
- InvestorsAngel List
& 51 more
Associated legal entities of BASIC Home Loan
BASIC Home Loan is associated with 2 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Echargebays Emobility Private Limited CIN U74999DL2020PTC363630 | Active | 08 May 2020 | New Delhi, Delhi | ₹32.0 Cr | 79 | 6 | View details |
| Basic Enterprises Private Limited CIN U68200HR2020PTC087709 | Active | 21 Jul 2020 | Gurgaon, Haryana | ₹68.2 Cr | 122 | 4 | View details |
Apps and channels of BASIC Home Loan
BASIC Home Loan publishes 1 mobile app with over 10K+ downloads; its YouTube channel BASIC HOME LOAN has 1.37K subscribers and 30 videos.
Videos from BASIC Home Loan
The most watched videos on BASIC Home Loan's YouTube channel, BASIC HOME LOAN (1.37K subscribers). Click a video to play it here.
More on BASIC HOME LOAN.
Funding Insights of BASIC Home Loan
BASIC Home Loan has successfully raised a total of $24.62M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $5.32 million completed in February 2026. 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 $24.62M
- Total Rounds 6
- Last Round Series B — $5.32M
- First Round $500,000
(Sep 2020)
- Investors Count 52
All 6 funding rounds of BASIC Home Loan with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2026 | $5.32M | Series B | – | Bertelsmann India Investments | |
| Sep 2024 | $10.6M | Series B | $44.33M | Bertelsmann India Investments | |
| Jun 2023 | $4.7M | Series A | $25.11M | IIM Indore Alumni Fund, CommsCredible | |
| Apr 2023 | Series A | – | – | ||
| Oct 2021 | $3.5M | Series A | $••••• | Venture Catalysts, Gruhas | |
| Sep 2020 | $500,000 | Seed | $••••• | Picus Capital | – |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2024 | $44.33M | •••••••• |
| Jun 2023 | $25.11M | •••••••• |
| Oct 2021 | $••••• | •••••••• |
| Sep 2020 | $••••• | •••••••• |
Full valuation and stage history of BASIC Home Loan
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $44.33M (Sep 2024). 52 investors in total: 32 institutional and 20 angel.
Investors in BASIC Home Loan
BASIC Home Loan has secured backing from 52 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Angel List, S⁴Capital and Wellfound.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm backed by Bertelsmann | 2012 | biifund.com | Abcoude, Netherlands | |
Venture capital firm investing in technology-driven innovations and partnerships in India. | 2021 | gruhas.com | Bengaluru, India | |
Early-stage startup ecosystem is supported by Venture Catalysts in India. | 2015 | venturecatalysts.in | Mumbai, India | |
A startup accelerator offering funding and support to early-stage companies. | 2020 | 100unicorns.in | Mumbai, India | |
Venture capital fund investing in early stage startups | 2020 | iimiaf.com | Bengaluru, India | |
Startup accelerator | 2016 | znationlab.com | Cupertino, United States | |
Venture capital fund focused on multiple sectors | ||||
Investments in technology sectors are made by Earlsfield Capital. | earlsfieldcapital.com | London, United Kingdom | ||
Seed to series A startups receive investments from Good Capital. | goodcapital.vc | Delhi, India | ||
Venture capital firm focused on early stage healthcare, renewable energy, real estate, finance, and multiple businesses | picuscap.com | Munich, Germany |
Investor details for BASIC Home Loan
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Board of directors of BASIC Home Loan
The boards of the 2 registered companies of BASIC Home Loan currently have 10 directors; the longest-serving is Amit Raju, appointed in 2020. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Amit Raju DIN 08288035 | Director | 08 May 2020 | 6 yrs 6 mo | Echargebays Emobility Private Limited |
| Rajesh Singh DIN 07006263 | Director | 08 May 2020 | 6 yrs 6 mo | Echargebays Emobility Private Limited |
| Bharatendu Dhoundiyal DIN 02083353 | Director | 08 May 2020 | 6 yrs 6 mo | Echargebays Emobility Private Limited |
| Anil Kumar Suneja DIN 08597438 | Director | 08 May 2020 | 6 yrs 6 mo | Echargebays Emobility Private Limited |
| Mandeep Singh DIN 08633151 | Director | 08 May 2020 | 6 yrs 6 mo | Echargebays Emobility Private Limited |
| Atul Monga DIN 06371218 | Managing Director | 21 Jul 2020 | 6 yrs 3 mo | Basic Enterprises Private Limited |
| Sameer Pant DIN 08806794 | Director | 11 Jan 2021 | 5 yrs 10 mo | Echargebays Emobility Private Limited |
| Oliver Hartmut Heinrich DIN 08973494 | Nominee Director | 23 Feb 2021 | 5 yrs 8 mo | Basic Enterprises Private Limited |
| Florian Alexander Reichert DIN 08973462 | Nominee Director | 23 Feb 2021 | 5 yrs 8 mo | Basic Enterprises Private Limited |
| Kalyan Josyula DIN 08802441 | Director | 04 Oct 2021 | 5 yrs 1 mo | Basic Enterprises Private Limited |
People of BASIC Home Loan
10 people are tracked at BASIC Home Loan (6 in leadership, 4 in team).
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
| Co-Founder & CTO | Leadership | |
rajan raj | Business Head | Leadership |
Chetan Rastogi | Head Of New Initiative, Strategic Alliance & Growth | Leadership |
Suraj Rathi | Business Head | Leadership |
Nagmani Singh | Vice President Business Strategy | Leadership |
Yatu Gautam | Operation Executive | Team |
Naina Kumari | Operations Manager | Team |
Sahil Sharma | AVP Banking Alliances & Partnership | Team |
ADNAN SIDDIQUI | Senior Business Relationship Manager | Team |
Complete people profiles for BASIC Home Loan
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Financials of BASIC Home Loan
Figures of Echargebays Emobility Private Limited, the primary company behind BASIC Home Loan, for FY 2025. Revenue was ₹31.96 Cr (+17% year on year). Net profit was ₹1.02 Cr (3% margin). EBITDA was ₹1.44 Cr (4% margin). Revenue has grown at a compounded annual rate of +68% over three years.
- ₹31.96 CrRevenue · FY 2025 · +17% YoY
- ₹1.02 CrNet profit · 3% margin
- ₹1.44 CrEBITDA · 4% margin
- ₹39.1 LakhPaid-up capital
- 79Employees (provident fund records)
- +68%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Echargebays Emobility Private Limited are on its company page.
Detailed financial statements for BASIC Home Loan
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of BASIC Home Loan
4 dated milestones of BASIC Home Loan across 6 years, from founding to its latest funding, stage changes and deals.
- Founded BASIC Home Loan is founded.
- Funding First funding round of $500K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series B, of $5.3M.
Competitors of BASIC Home Loan
BASIC Home Loan has 3 listed competitors in our database, 2 of them funded. They include Easiloan, Unico Housing Finance and SimplyForHomes.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| easiloan.com | 2020 | Mumbai, India | $3.53M | 71 | Personalized end-to-end home loan solutions are delivered digitally. | |
| unicohousingfinance.com | 2023 | Chennai, India | $13.59M | 555 | Operates an online platform for mortgage loans to consumers. | |
| simplyforhomes.com | 2017 | Gurugram, India | Operates a digital platform for home improvement loans. |
Detailed competitors of BASIC Home Loan
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Verified entity values are shown only after access is granted.
Web traffic of BASIC Home Loan
The website of BASIC Home Loan (basichomeloan.com) receives about 28.3K visits a month.
- Monthly visits28.3K
▼ 49.1% vs previous month
Websites whose visitors overlap most with BASIC Home Loan. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| shubham.co | 100% | 22.8K | #1,053,366 | View details | |
| homefirstindia.com | 96% | 132.8K | #341,723 | View details | |
| pnbhousing.com | 95% | 324.6K | #134,641 | View details | |
sbirealty.in | sbirealty.in | 94% | #283,417 | – | |
| tatacapital.com | 93% | 2.8M | #25,533 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for BASIC Home Loan
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- 40 similar websites
- Audience overlap
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Verified entity values are shown only after access is granted.
Top companies in Alternative Lending
3 companies that operate in the same segment as BASIC Home Loan (Alternative Lending) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 589.25 M | USD 179.52 M | 3,670 | |
Technology platform for real estate transactions and mortgages is provided. | 2014 | Gurugram, Haryana, India | USD 97.98 M | USD 28.9 M | 9,619 | |
Financial services are provided, specializing in personal and business loans. | 2016 | Mumbai, Maharashtra, India | USD 320.39 M | USD 185.7 M | 2,787 |
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Related news about Basic Home Loan
Complete news archive for BASIC Home Loan
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Frequently Asked Questions about BASIC Home Loan
BASIC Home Loan was founded in 2020.
BASIC Home Loan is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Atul Monga is the CEO of BASIC Home Loan, as recorded in our data. They have also founded this company.
BASIC Home Loan is a funded company, having raised a total of $24.62M across 6 funding rounds to date. The company's 1st funding round was a Seed of $500K, raised on Sep 2020.
BASIC Home Loan was founded in 2020 in Gurugram, India, as a fintech platform in the home financing sector. Operations focus on comparing loan products, facilitating home loans, balance transfers, and property-backed loans. Services include eligibility assessments, EMI computations, application tracking, documentation guidance, and connections to lending partners through agent assistance. The platform supports users throughout the loan process in the Indian market.
BASIC Home Loan's top competitors include Easiloan, SimplyForHomes and Unico Housing Finance.
BASIC Home Loan has 52 investors. Key investors include Angel List, S⁴Capital, Wellfound, Venture Catalysts, and LetsVenture.
The valuation of BASIC Home Loan is $44.33M as of Sep 2024.
BASIC Home Loan is associated with 2 legal entities: Echargebays Emobility Private Limited, Basic Enterprises Private Limited.
The legal entities of BASIC Home Loan currently have 10 directors, including Amit Raju, Rajesh Singh, Bharatendu Dhoundiyal and others.
Yes. BASIC Home Loan publishes Basic Home Loan Agent, with over 10,000 downloads.