Shubham Housing Development Finance raises $7.8M from Elevar, Helion, others

Gurgaon-based Shubham Housing Development Finance Company Pvt Ltd has raised $7.8 million (Rs 43.2 crore) from four investors – Elevar Equity Advisors, Helion Advisors, ACCION and Saama Capital, according to sources.Shubham essentially focuses on the urban low-income and informal income families, and facilitates home loans and home improvement loans for ......