Ummeed In News
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Ummeed Housing Finance Secures Rs 630 Cr Series F Funding Round Led by A91 Partners, Mirae Asset
In its Series F round, Ummeed Housing Finance disclosed that it had secured an equity financing of approximately Rs 630 crore with the support of Mirae Asset Venture Investments (India) and A91 Partners LLP.
The primary capital of approximately Rs 300 crore is included in the financing, which is intended to facilitate the company’s expansion in central and southern India. Furthermore, the round enabled Lightrock Global Fund S.A. to terminate its investment in Ummeed, which was made in 2018.
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