About HomeFirst Finance
HomeFirst Finance is a company based in Mumbai (India) founded in 2010 by Jaithirth Rao, Manoj Viswanathan, and PS Jayakumar was acquired by True North in February 2017.. HomeFirst Finance has raised $209.7 million across 9 funding rounds from investors including Fidelity Investments, Goldman Sachs and HDFC Mutual Fund. The company has 1,630 employees as of March 31, 2024. HomeFirst Finance offers products and services including Home Loan, Self-Construction Loan, Resale Loan, Mortgage Loan, and Top-up Loan. HomeFirst Finance 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 1630 as on 31 Mar, 2024
- Founders Jaithirth Rao, Manoj Viswanathan, PS Jayakumar
- Stage Public
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Home First Finance Company India Ltd.
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Annual Revenue
$179.32 M (USD)34.89as on Mar 31, 2024
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Net Profit
$44.63 M (USD)24.97as on Mar 31, 2024
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EBITDA
$146.96 M (USD)35.94as on Mar 31, 2024
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Total Equity Funding
$209.7 M (USD)
in 9 rounds
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Latest Funding Round
$146 M (USD), Post-IPO
Apr 16, 2025
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Investors
Fidelity Investments
& 20 more
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Employee Count
1630
as on Mar 31, 2024
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Acquired by
True North
(Feb 27, 2017)
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IPO & Listings of HomeFirst Finance
HomeFirst Finance is a publicly listed company on the NSE with ticker symbol HOMEFIRST 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.
Products & Services of HomeFirst Finance
HomeFirst Finance offers a comprehensive portfolio of products and services, including Home Loan, Self-Construction Loan, Resale Loan, Mortgage Loan, and Top-up Loan. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Loan for purchasing residential properties in India.
Funding for building homes from the ground up.
Loan for buying pre-owned properties.
Secured loan against existing properties.
Additional funding on existing home loans.
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Funding Insights of HomeFirst Finance
HomeFirst Finance has successfully raised a total of $209.7M across 9 strategic funding rounds. The most recent funding activity was a Post-IPO round of $146 million completed in April 2025. 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 Funding
- Total Rounds 9
- Last Round Post-IPO — $146.0M
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First Round
First Round
(14 Jan 2011)
- Investors Count 21
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2025 | Amount | Post-IPO - HomeFirst Finance | Valuation | International Finance Corporation | |
| Oct, 2020 | Amount | Series C - HomeFirst Finance | Valuation | Warburg Pincus | |
| Jun, 2019 | Amount | Series C - HomeFirst Finance | Valuation | True North |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in HomeFirst Finance
HomeFirst Finance has secured backing from 21 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Fidelity Investments, Goldman Sachs and HDFC Mutual Fund. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Multi-stage private equity investments are pursued across diverse sectors.
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Founded Year | Domain | Location | |
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Venture capital investments and support for entrepreneurs in technology and innovation sectors.
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Founded Year | Domain | Location | |
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Sovereign wealth is managed and private equity investments are facilitated.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by HomeFirst Finance
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - HomeFirst Finance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Homefirst Finance Comparisons
Competitors of HomeFirst Finance
HomeFirst 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 HDFC, India Shelter Finance Corporation, Shubham, Aadhar Housing Finance 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 |
Provider of housing finance solutions
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| domain | founded_year | HQ Location |
Housing loans are extended to middle-income households in India.
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| domain | founded_year | HQ Location |
Affordable housing finance solutions are provided to underserved individuals.
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| domain | founded_year | HQ Location |
Loans for affordable housing in tier 2,3 and 4 cities
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| domain | founded_year | HQ Location |
Real estate financing company
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Homefirst Finance
Frequently Asked Questions about HomeFirst Finance
When was HomeFirst Finance founded?
HomeFirst Finance was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Where is HomeFirst Finance located?
HomeFirst Finance is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of HomeFirst Finance?
Manoj Viswanathan is the current CEO of HomeFirst Finance. They have also founded this company.
Is HomeFirst Finance a funded company?
HomeFirst Finance is a funded company, having raised a total of $209.7M across 9 funding rounds to date. The company's 1st funding round was a Series C of $47.4M, raised on Jan 14, 2011.
How many employees does HomeFirst Finance have?
As of Mar 31, 2024, the latest employee count at HomeFirst Finance is 1,630.
What is the annual revenue of HomeFirst Finance?
Annual revenue of HomeFirst Finance is $179.32M as on Mar 31, 2024.
What does HomeFirst Finance do?
HomeFirst Finance was established in 2010 in Mumbai, India, as a housing finance entity. Operations center on delivering financial products to low and middle-income segments. Services encompass home loans, mortgage loans, self-construction loans, resale loans, renovation loans, and home construction loans. The company functions within the Indian financial services sector, with its online presence at homefirstindia.com. Leadership includes co-founders Jaithirth Rao, Manoj Viswanathan as CEO and MD, and PS Jayakumar.
Who are the top competitors of HomeFirst Finance?
HomeFirst Finance's top competitors include India Shelter Finance Corporation, HDFC and Aadhar Housing Finance.
What products or services does HomeFirst Finance offer?
HomeFirst Finance offers Home Loan, Self-Construction Loan, Resale Loan, Mortgage Loan, and Top-up Loan.
Is HomeFirst Finance publicly traded?
Yes, HomeFirst Finance is publicly traded on NSE under the ticker symbol HOMEFIRST.
Who are HomeFirst Finance's investors?
HomeFirst Finance has 21 investors. Key investors include Fidelity Investments, Goldman Sachs, HDFC Mutual Fund, Bessemer Venture Partners, and ICICI Prudential Life Insurance.
What is HomeFirst Finance's ticker symbol?
The ticker symbol of HomeFirst Finance is HOMEFIRST on NSE.
What is HomeFirst Finance's valuation?
The valuation of HomeFirst Finance is $271.6M as of Jun 2019.
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