About Truhome Finance
Truhome Finance is a company based in Chennai (India) founded in 2010 was acquired by Warburg Pincus in May 2024. It operates as a B2C and D2C. The company has 2,909 employees as of March 31, 2019. Truhome Finance offers products and services including Home Loan, Loan Against Property, Balance Transfer Loan, and Top-up Loan. Truhome Finance operates in a competitive market with competitors including NeoGrowth, Fino Paytech, InstantPay, Queekpay and GST Jan Seva Kendra, among others.
- Headquarter Chennai, India
- Employees 2909 as on 31 Mar, 2019
-
Sectors
Financial Services
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Truhome Finance Limited
- Jurisdiction Chennai, Tamil Nadu, India
-
Annual Revenue
$40.8 M (USD)7.1as on Mar 31, 2019
-
Net Profit
$2.33 M (USD)-42.35as on Mar 31, 2019
-
EBITDA
$20.68 M (USD)-7.42as on Mar 31, 2019
-
Latest Funding Round
$38.07 M (USD), Debt – Conventional
Jun 22, 2020
-
Investors
ICICI Bank
& 5 more
-
Employee Count
2909
as on Mar 31, 2019
-
Acquired by
Warburg Pincus
(May 13, 2024)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Truhome Finance
Truhome Finance offers a comprehensive portfolio of products and services, including Home Loan, Loan Against Property, Balance Transfer Loan, and Top-up Loan.
Provides financing for home purchases with quick approvals.
Offers loans secured by residential or commercial properties.
Facilitates transferring existing loans with reduced EMI options.
Allows additional funds on existing loans up to certain limits.
People of Truhome Finance
Unlock access to complete
Funding Insights of Truhome Finance
Investors in Truhome Finance
Truhome Finance has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include ICICI Bank, Canara Bank and Indian Bank.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Multi-stage private equity investments are pursued across diverse sectors.
|
Locked | Locked | Locked | |
|
Commercial bank
|
Locked | Locked | Locked | |
|
Commercial bank
|
Locked | Locked | Locked |
Investor details for Truhome Finance
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Truhome Finance
Investment portfolio details for Truhome Finance
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Truhome Finance
Detailed financials for Truhome Finance
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Truhome Finance Comparisons
Peer comparison for Truhome Finance
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Truhome Finance
Truhome 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 NeoGrowth, Fino Paytech, InstantPay, Queekpay and GST Jan Seva Kendra, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Digital credit platform providing financial solutions to underserved small- and micro- retailers
|
|
| Locked | Locked | Locked |
Technology solutions for banking and financial sectors are provided.
|
|
| Locked | Locked | Locked |
Digital banking solutions are provided for business operations and finances.
|
|
| Locked | Locked | Locked |
Delivers comprehensive software solutions for banking management.
|
|
| Locked | Locked | Locked |
Platform for banking, bill payments, taxation, and recharge services in rural areas.
|
Detailed competitors of Truhome Finance
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Truhome Finance
Complete news archive for Truhome Finance
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Truhome Finance
Truhome Finance was founded in 2010 and raised its 1st funding round 9 years after it was founded.
Truhome Finance is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
As of Mar 31, 2019, the latest employee count at Truhome Finance is 2,909.
Annual revenue of Truhome Finance is $40.8M as on Mar 31, 2019.
Truhome Finance Limited specializes in housing finance, offering products like home loans, loans against property, and balance transfers. It operates through a network of branches across India, providing quick approvals and flexible terms to individual customers. Based in Chennai and Mumbai, the company serves diverse needs with competitive interest rates and calculators for EMI and eligibility.
Truhome Finance's top competitors include Fino Paytech, NeoGrowth and InstantPay.
Truhome Finance offers Home Loan, Loan Against Property, Balance Transfer Loan, and Top-up Loan.
Truhome Finance has 6 investors. Key investors include ICICI Bank, Canara Bank, Indian Bank, Warburg Pincus, and National Housing Bank.