Archive · 19 Aug 2025
Weaver Services Secures $170M in Funding Round
Weaver Services, a company helping people get home loans, just got a big boost of $170 million in funding.
This money comes from Lightspeed and Premji Invest.
Weaver will use this money to buy other companies, improve their technology, and expand to more cities.
They are focusing on helping people in smaller cities and self-employed individuals get home loans, with a plan to make it easier to own a home.
The company was founded in 2024 and is led by experienced people from the housing finance industry.
Investors see this as a good opportunity because the market for home loans in India is still growing.
Weaver Services, a housing finance platform, raised $170 million in funding.
Lightspeed and Premji Invest led the funding round.
The company plans to use the funds for acquisitions, technology development, and expansion.
Weaver Services was founded in 2024.
The funding reflects interest in India's under-penetrated housing finance market.
- Who
- Weaver Services, Lightspeed, and Premji Invest.
- What
- Weaver Services raised $170 million in funding.
- When
- Not explicitly mentioned, but recent.
- Where
- India
- Why
- To expand its business, develop technology, and make housing finance more accessible.
- Company
- Weaver Services
- Amount Raised
- $170 million
- Lead Investors
- Lightspeed, Premji Invest
- Use of Funds
- Acquisitions, technology, expansion
- Focus
- Affordable housing finance
- Founded
- 2024