BASIC Home Loan
BASIC Home Loan is an AI-enabled mortgage platform. It automates home loan sourcing, sanction and disbursal for Indian home buyers, especially in affordable housing, through an agent network.
BASIC Home Loan (legal name Basic Enterprises Private Limited) runs a 'phygital' home-loan distribution platform. Customers get paperless online sanctions, and an asset-lite network of agents handles fulfilment and disbursal. In September 2025 it launched HOM-i, an AI assistant for instant home loan decisions. It serves Indian home buyers, including defence personnel through a December 2025 udChalo Housing partnership, and works with lenders and developers. It raised a $10.6M Series B led by Bertelsmann in September 2024 and has raised about $24.6M in total (Tracxn). In 2025 it targeted Rs 25,000 crore in annual disbursals by March 2026.
