Nivara Home Finance raises USD 10 million from Baring Private Equity India
The ticket size for Nivara's housing loans generally range between Rs 5 lakh to Rs 7.5 lakh, in a relatively underserved segment since most affordable housing finance peers cater to a ticket size of Rs 9 to 10 lakh or higher.
At present, Nivara serves customers across five states — Karnataka, Tamil Nadu, Andhra Pradesh, Telangana, and Maharashtra, through its network of 63 branches. (Freepik image)