Company Research Report: Homeville Consulting Private Limited

Company Overview

• Name: Homeville Consulting Private Limited

• Mission: Facilitate housing finance through innovative technology and infrastructure, empowering financial institutions and fostering home ownership across India’s diverse consumer segments.

• Founded: No information is available.

• Founders: No information is available.

• Key People: No information is available.

• Headquarters: FL-201, SN-81/1 Satellite Tower BLD-D Mizar Mundhawa, Pune, Maharashtra 411036, India.

• Number of Employees: 800+ employees benefited indirectly.

• Revenue: No information is available.

• Primary Business: Known for being India’s largest affordable mortgage co-lending network, providing capital, technology, and infrastructure to housing finance companies and non-banking financial companies for last-mile credit delivery.

• Customer Segments:

• Middle & lower income group for Bharat Housing Network.

• Middle income group for HomeCapital and HomeNxt.

Products and Services

Bharat Housing Network

• Description: India's largest affordable mortgage co-lending network aimed at semi-urban and rural financial inclusion.

• Key Features:

• Infrastructure sharing for deepening financial product offerings.

• Focus on middle & lower income groups.

HomeCapital

• Description: Platform for providing unsecured loans for housing-linked end use such as down payment, interiors, and stamp duty.

• Key Features:

• Interest-free assistance up to 50% of home down payment.

• Focuses on making homeownership accessible for first-time buyers.

HomeNxt

• Description: Digital mortgage platform incorporating comprehensive mortgage stacks in digital ecosystems.

• Key Features:

• Seamless integration with existing systems of financial institutions.

• Enables growth of mortgage asset books without significant costs.

• Aimed at the middle-income group.

Recent Developments

• New Features:

• Integration of a comprehensive digital mortgage stack for embedding mortgages in digital ecosystems.

• Unified API architecture to aggregate housing finance demand across various networks.

• Partnerships:

• Focus on co-lending and direct lending with financial institutions.

• Collaborations with proptechs, fintechs, and aggregators to provide digital mortgage journeys.

Technology and Infrastructure

• Homeville has adopted an asset-light, capital-efficient model and integrated technology stack.

• Digital mortgaging solutions facilitating open banking principles, enabling easy customer onboarding, efficient credit underwriting, and risk management.

• Employs advanced data analytics, including behavioral analytics, credit scoring, and fraud detection across its housing finance platforms.

• Partnerships with large financial institutions to direct capital flow into retail housing credit markets.

Impact and Reach

• Promotes financial inclusion, particularly in underserved semi-urban and rural regions.

• 95%+ women borrowers or co-borrowers and coverage across 250+ towns and cities in 16 states/unions.

• Amplifying impact aligned with UN Sustainable Development Goals such as poverty reduction, gender equality, and reduced inequalities.

Sustainability and Community Development Goals

• Supports initiatives in alignment with several UN SDGs including No Poverty, Gender Equality, Affordable and Clean Energy, and others.

• Strengthens operations of 22+ regional housing finance company partners.

• Focus on housing finance as an enabler for socio-economic development.

Legal and Contact Information

• CIN: U74999PN2017PTC170407

• Contact: wecare@homevillegroup.com, +91-22-489-03510

This report leverages their shared mission and extensive platforms to showcase Homeville’s transformative role in fostering accessible and affordable housing finance through their varied product and service offerings.