Gurugram-based Ummeed Housing Finance Ltd (UHFPL) said it has secured a financing of ₹250 crores from British International Investment (BII), the UK’s development finance institution and impact investor.
The investment will enable Ummeed, an affordable housing finance company with assets under management of ₹2.400 crore, to provide more low-cost long-tenure housing finance to low-income groups in India, the housing finance company said in a statement.
Ashutosh Sharma, Founder & Managing Director, UHFPL, said, the BII facility will help his company drive the development agenda, leading to improvement in the quality of life for borrowers and co-borrowers in the low- and middle-income strata of the society.
Shilpa Kumar, Managing Director and Head of India, British International Investment, said: “By increasing access to housing finance through Ummeed, we are helping more women to build their financial resilience. It is in line with the Government’s vision of facilitating Housing for All and we ensure the support reaches those who need it the most.”
Published on August 5, 2025
