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Weaver Services raises funds from Lightspeed, others
Mint Chennai
|August 20, 2025
Weaver Services, a tech-first housing finance platform focused on affordable housing in India, has raised $170 million in a funding round led by Lightspeed and Premji Invest.
The company said it will use the proceeds for acquisitions, technology development, and expanding its presence across tier-II and tier-III cities. The round comes amid a flurry of fund-raises in the sector over the past year, including by Vastu Housing Finance, Nivara Home Finance, and Ummeed Housing Finance.
As part of its growth strategy, Weaver is evaluating additional acquisitions to build scale. The firm had earlier acquired Capital India Housing Finance as its anchor asset.
This story is from the August 20, 2025 edition of Mint Chennai.
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