HomeFirst Finance

Mumbai, India Founded: 2010 • Age: 16 yrs Acquired By True North
Affordable home loans are extended to low and middle-income groups.
Annual revenue $179.7M Latest available
Total funding $209.7M 9 rounds
Employees 1630 Tracked headcount
Investors 21 Known backers
Products 5 Services tracked
Competitors 9 Brand Intelligence

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
  • Sectors
    Financial Services
  • 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.
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $179.67 M (USD)
    34.89
    as on Mar 31, 2025
  • Net Profit
    $44.71 M (USD)
    24.97
    as on Mar 31, 2025
  • EBITDA
    $147.25 M (USD)
    35.94
    as on Mar 31, 2025
  • Total Equity Funding
    $209.7 M (USD)

    in 9 rounds

  • Latest Funding Round
    $146 M (USD), Post-IPO

    Apr 16, 2025

  • Investors
  • Employee Count
    1630

    as on Mar 31, 2024

  • 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.

Exchange: NSE · Ticker: HOMEFIRST · Sector: Finance · India

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.

Product name locked
Category locked
Primary

Loan for purchasing residential properties in India.

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Funding for building homes from the ground up.

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Loan for buying pre-owned properties.

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Secured loan against existing properties.

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Additional funding on existing home loans.

People of HomeFirst Finance

Headcount 1000-5000
Employee Profiles 57
Employee Profiles
People
Shreya Rathi
Marketing Manager
People
Deepak U
Credit Manager
People
Pritesh Agarwal
Brand Manager
People
Vidula Worlikar
Manager - Analytics And Strategy

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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.

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.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Multi-stage private equity investments are pursued across diverse sectors.
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Venture capital investments and support for entrepreneurs in technology and innovation sectors.
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Sovereign wealth is managed and private equity investments are facilitated.
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Investor details for HomeFirst Finance

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  • Participation history

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Investments & Acquisitions by HomeFirst Finance

Investments
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Investment portfolio details for HomeFirst Finance

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  • Portfolio identities
  • Transaction dates
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Financial Statements - HomeFirst Finance

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Detailed financials for HomeFirst Finance

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  • Profit trends
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Homefirst Finance Comparisons

HomeFirst Finance Primary company
Description
Affordable home loans are extended to low and middle-income ...
Location
Mumbai, India
Founded Year
2010
Annual Revenue
$179.67 M (USD)
Net Profit
$44.71 M (USD)
EBITDA
$147.25 M (USD)
Employees
1,630
As of 2024
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Peer comparison for HomeFirst Finance

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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.

Company Name Domain Founded year HQ Location Description
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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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Detailed competitors of HomeFirst Finance

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  • Domains and locations
  • Full company profiles
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Latest news on Homefirst Finance

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Complete news archive for HomeFirst Finance

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

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Frequently Asked Questions about HomeFirst Finance

HomeFirst Finance was founded in 2010 and raised its 1st funding round 1 year after it was founded.

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

Manoj Viswanathan is the current CEO of HomeFirst Finance. They have also founded this company.

HomeFirst Finance is a funded company, having raised a total of $209.7M across 9 funding rounds to date.

As of Mar 31, 2024, the latest employee count at HomeFirst Finance is 1,630.

Annual revenue of HomeFirst Finance is $179.67M as on Mar 31, 2025.

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.

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

HomeFirst Finance offers Home Loan, Self-Construction Loan, Resale Loan, Mortgage Loan, and Top-up Loan.

Yes, HomeFirst Finance is publicly traded on NSE under the ticker symbol HOMEFIRST.

HomeFirst Finance has 21 investors. Key investors include Fidelity Investments, Goldman Sachs, HDFC Mutual Fund, Bessemer Venture Partners, and ICICI Prudential Life Insurance.

The ticker symbol of HomeFirst Finance is HOMEFIRST on NSE.

The valuation of HomeFirst Finance is $271.6M as of Jun 2019.

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