Home First Finance Company India Limited, established in 2010 in Bengaluru and converted to a public entity in 2018, is a tech-driven affordable housing finance company regulated by the Reserve Bank of India and the National Housing Bank. It caters primarily to first-time home buyers in the low and middle-income segments, offering housing loans, loans for commercial properties, and construction finance. As of September 2020, it had 44,796 active loan accounts and a network of 70 branches across 11 states and a union territory in India, with a strong presence in urbanized regions. By September 2023, this network expanded to 111 branches. The company has embraced technology for efficient operations, using a paperless onboarding process and machine learning for credit evaluation. Its IPO in 2021 and subsequent capital raises highlight its growth trajectory and financial robustness. Prominent investors include True North Fund V LLP and Warburg Pincus.
