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Swarna Pragati Housing Microfinance

3 Disclosed Funding Rounds $7,788,295

0 Participating Investments


Micro Lending, Lending, Financial Services, Real Estate, Finance

Swarna Pragati Housing Microfinance provides housing microfinance loan products for low-income households in rural areas in India.

Chennai, Tamil Nadu, India, Asia (IN)

Organizations in Chennai in Micro Lending,
Organizations in Chennai in Lending,
Organizations in Chennai in Financial Services,
Organizations in Chennai in Real Estate,
Organizations in Chennai in Finance,
Organizations in Tamil Nadu in Micro Lending,
Organizations in Tamil Nadu in Lending,
Organizations in Tamil Nadu in Financial Services,
Organizations in Tamil Nadu in Real Estate,
Organizations in Tamil Nadu in Finance,
Organizations in India in Micro Lending,
Organizations in India in Lending,
Organizations in India in Financial Services,
Organizations in India in Real Estate,
Organizations in India in Finance,
Organizations in Asia in Micro Lending,
Organizations in Asia in Lending,
Organizations in Asia in Financial Services,
Organizations in Asia in Real Estate,
Organizations in Asia in Finance

Investors in Chennai in Micro Lending,
Investors in Chennai in Lending,
Investors in Chennai in Financial Services,
Investors in Chennai in Real Estate,
Investors in Chennai in Finance,
Investors in Tamil Nadu in Micro Lending,
Investors in Tamil Nadu in Lending,
Investors in Tamil Nadu in Financial Services,
Investors in Tamil Nadu in Real Estate,
Investors in Tamil Nadu in Finance,
Investors in India in Micro Lending,
Investors in India in Lending,
Investors in India in Financial Services,
Investors in India in Real Estate,
Investors in India in Finance,
Investors in Asia in Micro Lending,
Investors in Asia in Lending,
Investors in Asia in Financial Services,
Investors in Asia in Real Estate,
Investors in Asia in Finance

Asia-Pacific (APAC) (0 Investors) (0 Startups)

Founded date 01, 2010

Founders Ramesh Kumar

Operating Status Active

Funding Stage Early Stage Venture

Last Funding Type Debt Financing

Also known as SPHM

Company Type For Profit

Website sphm.co.in

Contact Hunter Lookup


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Swarna Pragati Housing Microfinance provides housing microfinance loan products for low-income households in rural areas in India. It offers housing loans for fresh repairs, up-gradation, and construction of a full-fledged house. Swarna Pragati Housing Microfinance also provides incremental housing loan for various components, such as laying foundation, plinth level construction, tiled roofing, pucca flooring, fixing wooden doors/windows, etc. Ramesh Kumar founded it in 2010, with its headquarters in Chennai in India.

Date Round Raised Lead
August, 17, 2017 Debt Financing $7,788,295 State Bank of India
December, 22, 2015 Series B Undisclosed -------
October, 04, 2013 Private Equity Undisclosed -------

Swarna Pragati Housing Microfinance Investors (6)

Investor Lead? Round Participating Raise Date Partners
State Bank of India Yes Debt Financing $7,788,295 August, 17, 2017 -------
Zephyr Management No Series B Undisclosed December, 22, 2015 -------
Asha Impact No Series B Undisclosed December, 22, 2015 -------
Aavishkaar Venture Capital No Series B Undisclosed December, 22, 2015 -------
Omidyar Network No Series B Undisclosed December, 22, 2015 -------
Aavishkaar Goodwell No Private Equity Undisclosed October, 04, 2013 -------

Swarna Pragati Housing Microfinance in the News