CHFL

Mumbai, India Founded: 2016 • Age: 10 yrs Acquired By Weaver Services
Consumer loans are provided to individuals by CHFL in India.
Annual revenue $5.5M Latest available
Total funding $30.3M 2 rounds
Employees 392 Tracked headcount
Investors 3 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

About CHFL

CHFL is a company based in Mumbai (India) founded in 2016 was acquired by Weaver Services in August 2025. CHFL has raised $30.33 million across 2 funding rounds from investors including Morgan Stanley, Weaver Services and BG Advisory. The company has 392 employees as of March 23, 2024. CHFL has completed 1 acquisition, including Cent Bank Home Finance. CHFL offers products and services including Home Loan (Purchase/Resale), Improvement and Extension, Home Construction, and Loan Against Property. CHFL operates in a competitive market with competitors including HDFC, India Shelter Finance Corporation, Shubham, Aadhar Housing Finance and Ummeed Housing Finance, among others.

  • Headquarter Mumbai, India
  • Employees 392 as on 23 Mar, 2024
  • Stage Minicorn
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Centrum Housing Finance Limited
  • Date of Incorporation 03 Mar, 2016
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $5.51 M (USD)
    230.37
    as on Mar 31, 2019
  • Net Profit
    $200.36 K (USD)
    657.12
    as on Mar 31, 2019
  • EBITDA
    $2.83 M (USD)
    836.22
    as on Mar 31, 2019
  • Total Equity Funding
    $30.33 M (USD)

    in 2 rounds

  • Latest Funding Round
    $26.61 M (USD), Series B

    Feb 02, 2020

  • Investors
  • Employee Count
    392

    as on Mar 23, 2024

  • Investments & Acquisitions
  • Acquired by
    Weaver Services

    (Aug 23, 2025)

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Products & Services of CHFL

CHFL offers a comprehensive portfolio of products and services, including Home Loan (Purchase/Resale), Improvement and Extension, Home Construction, and Loan Against Property.

Product name locked
Category locked
Primary

Provides financing for buying or reselling homes with simple processes.

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Offers loans for home improvements and extensions to enhance properties.

Product name locked
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Supports funding for new home construction projects in various locations.

Product name locked
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Enables borrowing against existing property for financial needs.

People of CHFL

Headcount 200-500
Employee Profiles 12
Employee Profiles
People
Ashish Naik
Chief Business Officer
People
Abhishek Srivastava
Product & Marketing Manager
People
Krunal Sheth
Regional Credit Manager
People
Arshad Mehdi
AVP At Centrum Housing Finance Limited

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Funding Insights of CHFL

CHFL has successfully raised a total of $30.33M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $26.61 million completed in February 2020. 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.

Investors in CHFL

CHFL has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Morgan Stanley, Weaver Services and BG Advisory.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity firm focused on multiple sectors
Locked Locked Locked
Wealth management, investment advisory, and financial services are provided.
Locked Locked Locked
AI-driven housing finance platform is provided for affordable access.
Locked Locked Locked
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Investor details for CHFL

Investor domains, locations, round participation, and complete history require an active premium plan.

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Investments & Acquisitions by CHFL

CHFL has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Cent Bank Home Finance.

Investments
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Investment portfolio details for CHFL

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Housing finance solutions are offered to Indian homebuyers.
Locked Locked 1991 Locked
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Complete acquisition details for CHFL

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Financial Statements - CHFL

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Detailed financials for CHFL

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Chfl Comparisons

CHFL Primary company
Description
Consumer loans are provided to individuals by CHFL in India.
Location
Mumbai, India
Founded Year
2016
Annual Revenue
$5.51 M (USD)
Net Profit
$200.36 K (USD)
EBITDA
$2.83 M (USD)
Employees
392
As of 2024
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Peer comparison for CHFL

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Competitors of CHFL

CHFL 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 HDFC, India Shelter Finance Corporation, Shubham, Aadhar Housing Finance and Ummeed Housing Finance, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Provider of housing finance solutions
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Housing loans are extended to middle-income households in India.
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Affordable housing finance solutions are provided to underserved individuals.
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Loans for affordable housing in tier 2,3 and 4 cities
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Real estate financing company
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Platform offering financial solutions
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Detailed competitors of CHFL

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Latest news on Chfl

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Complete news archive for CHFL

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about CHFL

CHFL was founded in 2016 and raised its 1st funding round 2 years after it was founded.

CHFL is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

CHFL is a funded company, having raised a total of $30.33M across 2 funding rounds to date.

As of Mar 23, 2024, the latest employee count at CHFL is 392.

Annual revenue of CHFL is $5.51M as on Mar 31, 2019.

CHFL was established in 2016 and is headquartered in Mumbai, India. Operations are centered on the financial services sector, where consumer loans are extended to retail customers. Services include personal financing options tailored for everyday needs, with activities conducted primarily within the Indian market. The company maintains a domain at chfl.co.in for its digital presence, supporting loan applications and management. Focus remains on accessible credit solutions amid regulatory frameworks.

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

CHFL offers Home Loan (Purchase/Resale), Improvement and Extension, Home Construction, and Loan Against Property.

CHFL has made 1 acquisition, including Cent Bank Home Finance.

CHFL has 3 investors. Key investors include Morgan Stanley, Weaver Services, and BG Advisory.

The valuation of CHFL is $114.47M as of Feb 2020.

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