Religare Housing Development Finance

Noida, India Founded: 1993 • Age: 33 yrs Acquired By TCG
Consumer home loans are provided in India by the company.

About Religare Housing Development Finance

Religare Housing Development Finance is a company based in Noida (India) founded in 1993 was acquired by TCG in July 2019.. The company has 278 employees as of April 06, 2024. Religare Housing Development Finance operates in a competitive market with competitors including India Shelter Finance Corporation, HDFC, Ummeed Housing Finance, Aadhar Housing Finance and Shubham, among others.

Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
    $20.74 M (USD)
    -6.77
    as on Mar 31, 2018
  • Net Profit
    $1.17 M (USD)
    -50.18
    as on Mar 31, 2018
  • EBITDA
    $12.9 M (USD)
    -14.59
    as on Mar 31, 2018
  • Latest Funding Round
  • Investors
  • Employee Count
    278

    as on Apr 06, 2024

  • Acquired by
    TCG

    (Jul 11, 2019)

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Funding Insights of Religare Housing Development Finance

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

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Investors in Religare Housing Development Finance

Religare Housing Development Finance has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include TCG AMC. 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
Investor Description Founded Year Domain Location
Private equity investments are managed across multiple sectors by TCG.
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 Religare Housing Development 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 - Religare Housing Development 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

Religare Housing Development Finance Comparisons

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Competitors of Religare Housing Development Finance

Religare Housing Development 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 India Shelter Finance Corporation, HDFC, Ummeed Housing Finance, Aadhar Housing Finance and Shubham, 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
Housing loans are extended to middle-income households in India.
domain founded_year HQ Location
Provider of housing finance solutions
domain founded_year HQ Location
Real estate financing company
domain founded_year HQ Location
Loans for affordable housing in tier 2,3 and 4 cities
domain founded_year HQ Location
Affordable housing finance solutions are provided to underserved individuals.
domain founded_year HQ Location
Home and business loans are provided by Vastu Housing Finance.
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 Religare Housing Development Finance

Frequently Asked Questions about Religare Housing Development Finance

When was Religare Housing Development Finance founded?

Religare Housing Development Finance was founded in 1993.

Where is Religare Housing Development Finance located?

Religare Housing Development Finance is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.

Who is the current CEO of Religare Housing Development Finance?

Rahul Mehrotra is the current CEO of Religare Housing Development Finance.

How many employees does Religare Housing Development Finance have?

As of Apr 06, 2024, the latest employee count at Religare Housing Development Finance is 278.

What is the annual revenue of Religare Housing Development Finance?

Annual revenue of Religare Housing Development Finance is $20.74M as on Mar 31, 2018.

What does Religare Housing Development Finance do?

Religare Housing Development Finance was established in 1993 and is headquartered in Noida, India. Operations are centered on the housing finance sector, where consumer home loans are offered to individuals seeking residential financing. Services include loan processing and disbursement through the domain religarehomeloans.com. Leadership is provided by CEO MD Rahul Mehrotra, with a focus on domestic market needs in home development finance.

Who are the top competitors of Religare Housing Development Finance?

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

Who are Religare Housing Development Finance's investors?

Religare Housing Development Finance has 1 investor. Key investors include TCG AMC.

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