Synopsis
The startup aims to achieve an asset under management of $150 million in the next two years.
ETtech
Illustration: Rahul Awasthi
Mortgage finance startup Easy has announced that it has raised $15 million as part of a Series-A funding round which was led by private equity firm Xponentia Capital Partners.
The round, which closed at an undisclosed valuation, saw participation from venture capital funds that are existing investors, such as Harbourfront Capital, Finsight VC, RaSa Future Fund, Navida Capital AB, Helena Wasserman Eriksson and Integra Software.
Easy, founded in August 2018 by Rohit Chokhani, had raised an undisclosed amount from Harbourfront Capital in August 2019. The startup aims to achieve an asset under management of $150 million in the next two years.
PR Srinivasan who is the managing partner of Xponentia Capital will join the board of Easy
Easy aims to achieve $150 Mn assets under management in the next 24 months
Mumbai-based mortgage tech startup Easy has raised $15 Mn in its Series A round led by Xponentia Capital Partners. Existing investors Harbourfront Capital, Finsight VC, RaSa Future Fund, among others participated in the round.
Founded in 2018 by Rohit Chokhani, Easy offers mortgages to underserved customers via mobile. The startup operates across the country in a phygital model and claims to offer instant decisions on home loans. The startup is registered under the National Housing Bank.
Author of the article: Louis B. Hobson
Publishing date: Feb 26, 2021 • February 26, 2021 • 2 minute read • Zach Running Coyote selected the theme for Theatre Calgary s Page to Stage New Works Festival. jpg
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Last December, Calgary playwright, actor and musician Zach Running Coyote was appointed artistic associate at Theatre Calgary. One of his first assignments was to co-curate Theatre Calgary’s new Page to Stage New Works Festival with TC’s artistic director Stafford Arima.
The inaugural festival, which will showcase three new works in various stages of development, will run March 20-21 and the readings will be available to the public online with Zoom.