Aviom India Housing Finance
Worldmark 3, Unit 306A, 3rd floor, Asset Area no. 7, Hospitality District, Delhi Aerocity, Near Indira Gandhi International Airport, New Delhi, Delhi, 110037, India
Overview
AVIOM Housing Finance Corporation (AVIOM HFC) is based in Delhi NCR and operates as a housing finance corporation. The company recently secured debt financing of $10 million from BlueOrchard Microfinance Fund. According to its regulatory filing, AVIOM is allotting 1,000 bonds to BlueOrchard with a tenure of 72 months. The transaction is structured as debt funding. The regulatory filing is the source of the disclosed terms. No operating metrics or additional financial details were disclosed in the article. Aviom is a micro-mortgage lender that facilitates access to affordable loans for low-income groups in rural and semi-urban regions. The company operates in 12 Indian states and runs Aviom Shakti, a programme that extends loans without formal income documentation and incentivises women agents. Aviom aims to empower women with financial independence and to create sustainable livelihoods through agent-led sourcing. The firm is backed by investors including C4D Partners and has previously raised capital from Japan’s Gojo and Company and India-based Sabre Partners. It plans to use the new funding to expand its market reach and further strengthen operational capacities. The company’s activities are aligned with multiple UN Sustainable Development Goals, including poverty reduction and gender equality.
- Total raised
- $40M
- Funding rounds
- 2
- Latest round
- Debt Financing
- Latest activity
- Apr 2024
Industries
- Finance
- Financial Services
- Internet
Recent funding
Debt Financing
Apr 2024
$10M
Series D
Jun 2023
$30M