Lightspeed and Premji Invest lead $170 Mn round in Weaver Services

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Weaver Services, a technology-led housing finance platform, has raised $170 million in a funding round led by Lightspeed and Premji Invest, with participation from Gaja Capital. 

The proceeds will be used to acquire assets, strengthen technology, and expand into tier-II and tier-III cities.

Led by founder and vice chairman Satrajit Bhattacharya, Weaver is building a next-generation housing finance platform using AI-driven underwriting models and alternative data to serve India’s underserved affordable housing segment, especially self-employed…



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Lightspeed and Premji Invest lead $170 Mn round in Weaver Services


Weaver Services, a technology-led housing finance platform, has raised $170 million in a funding round led by Lightspeed and Premji Invest, with participation from Gaja Capital. 

The proceeds will be used to acquire assets, strengthen technology, and expand into tier-II and tier-III cities.

Led by founder and vice chairman Satrajit Bhattacharya, Weaver is building a next-generation housing finance platform using AI-driven underwriting models and alternative data to serve India’s underserved affordable housing segment, especially self-employed…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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