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Unico Housing Finance, one of India’s fastest-growing housing finance companies, has raised Rs120 crore from Anicut Capital and UC Impower to fuel its expansion into Tier 2 and Tier 3 cities. The capital infusion pushes Unico’s net worth past Rs210 crore, strengthening its ability to serve self-employed and middle-income borrowers across seven states.
Since launching in December 2023, Unico has scaled rapidly - building a network of 86 branches and growing its assets under management to Rs500 crore in just 18 months. The company offers a range of products including home construction loans, purchase loans, improvement loans, and loans against property, with average ticket sizes between Rs13–15 lakh.
The funding round signals investor confidence in Unico’s differentiated model, which blends regional insight with disciplined risk management. “Legacy institutions often fall short in serving this segment with agility and empathy,” said Dhruv Kapoor, Partner at Anicut Capital. “Unico is positioned as a new-age lender that can unlock real impact while delivering sustainable returns.”
UC Impower echoed the sentiment. “Our investment reflects our conviction in India’s affordable housing story and in Unico’s ability to scale impact and returns,” said Co-Founder Mona Kachhwaha. “We’re excited to support their mission to expand access for low-income families long excluded by traditional lenders.”
With India’s affordable housing finance market projected to cross $100 billion over the next decade, Unico’s growth story is unfolding at the intersection of rising urbanisation, policy momentum, and demand for first-time home ownership.
