Mumbai-based home loans startup Easiloan has raised Rs 8 crore from Tomorrow Capital. It aims to utilise these funds to further build its digital-only product, customer acquisition channels, and activate new markets.
During the pandemic, Pramod Kathuria and Vishal Dawda had realised that the one segment that technology is yet to reach in the financial services sector is home loans as a product. It continues to be lengthy, tedious, and paper-driven. The turnaround time is seven to 60 days. It also has a lot of human interventions and interactions.
