Technology-driven affordable housing lender Aham Housing Finance has secured Rs 100 crore in a follow-on funding round led by The Sanmar Group, providing fresh capital to accelerate its lending operations and expand its reach in underserved housing markets across India.
The funding round also saw participation from existing investors, including Negen Capital, one of the company’s earliest institutional investors. The latest investment is expected to strengthen Aham Housing Finance’s balance sheet and support its long-term growth strategy as demand for affordable housing finance continues to rise.
Fresh Capital to Strengthen Lending Operations
Aham Housing Finance said it will use the newly raised capital to enhance its lending capacity and broaden its presence in underserved housing markets. The company also plans to deepen its footprint in regions where it already operates while selectively expanding into new markets.
In addition to geographical expansion, the company intends to continue investing in technology to improve its lending processes and customer experience. The focus remains on building a scalable and efficient housing finance platform that can cater to borrowers who often have limited access to formal credit.
The fresh funding comes as the affordable housing finance sector continues to play an important role in improving access to home ownership for low and middle-income households, particularly in smaller cities and semi-urban locations.
Focused on Affordable Home Loans
Founded with the objective of making housing finance more accessible, Aham Housing Finance specializes in providing affordable home loans to underserved and emerging borrower segments across India. The company is led by Venkatesh Kannappan and has built its business around serving customers who are often overlooked by conventional financial institutions.
Its target customer base includes self-employed individuals and first-time homebuyers who may not have traditional income documentation but require access to formal housing finance. By focusing on these segments, the company aims to support broader financial inclusion while addressing the credit needs of aspiring homeowners.
Affordable housing finance has become an increasingly important segment within India’s financial ecosystem, as lenders seek to reach customers beyond the urban salaried population.
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Technology at the Core of Its Lending Model
Aham Housing Finance has developed a technology-led lending approach that combines data-driven underwriting with localized distribution and structured risk management practices.
The company uses data-backed credit assessment models to evaluate borrowers while maintaining a strong emphasis on prudent lending standards. Its localized distribution network helps it better understand customer needs in different regions, enabling it to serve borrowers who may not fit traditional lending criteria.
This combination of technology and localized operations allows the company to extend credit responsibly while managing portfolio quality.
The continued investment in technology is also expected to strengthen operational efficiency, streamline loan processing, and improve customer engagement as the company expands into additional markets.
Expanding Reach While Maintaining Financial Discipline
According to Aham Housing Finance, the company has recorded growth across key operating metrics over the past few years while maintaining a prudent risk management framework.
It stated that responsible lending remains central to its business strategy as it continues to scale operations. By balancing growth with disciplined credit practices, the company aims to expand access to housing finance without compromising portfolio quality.
The latest funding is expected to support this strategy by providing additional capital to increase lending activity, strengthen operations, and reach more borrowers in underserved regions.
With backing from The Sanmar Group and continued support from existing investors such as Negen Capital, Aham Housing Finance is looking to expand its presence in India’s affordable housing finance segment while continuing its focus on technology-driven lending and financial inclusion.
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