Developer docs
API playgroundTry for free, no card

Search company profiles

Weaver Services

Full company profile

uuid00000pe

Namestring
Weaver Services
Legal namestring
Weaver Services Private Limited
Websiteurl
https://www.weaverhfc.com
Company typeenum
Private
Founded yearint
2024
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
251–500
akta.pro rankint
HeadquartersMumbai, India
HQ citystring
Mumbai
HQ countrystring
India
HQ regionstring
Asia
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
affordable housing finance, home loan services, housing finance company, AI-driven underwriting, tier 2 city lending
Product category
Affordable Housing Finance
Social media profiles1 record
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model3 records
1Home Loan Interest Income
TypeSubscription Recurring
Description

Primary revenue from interest earned on affordable home loans provided to underserved borrowers in tier 2 and tier 3 cities

entrackr.com
2Loan Processing Fees
TypeTransaction Fee
Description

Fees charged for loan processing and origination services

entrackr.com
3Asset Management Fees
TypeSubscription Recurring
Description

Revenue from managing the combined assets under management platform exceeding Rs 2,000 crore

entrackr.com
Marketing channels3 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Pricing details1 tier
1Home loan products tailored to affordable housing segment
ModelOtherBilling cadenceMonthly
Notes

Interest rates and fees are determined based on individual borrower assessment, loan-to-value ratio, and risk profile. Standard housing finance pricing model with rates typically ranging based on RBI guidelines and market conditions.

weaverhfc.com
GTM typeB2C
B2C
Offering typeServices
Services
Core offering1 text field

Weaver Services provides affordable home loans to underserved self-employed populations in India's tier 2 and tier 3 cities. The company combines physical branch distribution (140+ branches) with proprietary AI-powered underwriting that uses alternative data models to assess creditworthiness of borrowers lacking traditional credit histories. Its integrated platform manages over Rs 2,000 crore in assets across acquired brands including Capital India Home Loans, Centrum Housing Finance, and People Home Finance.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 2 values shown
  • Rs 2,000 crore combined AUM with 140+ branches
+1 more record
Product overview1 text field

Weaver Services operates as a unified housing finance platform combining multiple acquired entities (Capital India Home Loans, Centrum Housing Finance, and People Home Finance) to serve underserved borrowers in Tier 2 and Tier 3 cities across India. The platform functions as a consolidated entity with over Rs 2,000 crore in assets under management and 140+ branches, offering affordable home loans powered by AI-driven underwriting and alternative data models. The company is backed by Premji Invest, Lightspeed Venture Partners, and Gaja Capital.

Product and service1 record
1Weaver Services Affordable Home Loan Platform
CategoryAffordable Housing Finance
Description

A fintech-enabled housing finance platform providing affordable home loans to underserved self-employed populations in Tier 2 and Tier 3 cities across India. The platform combines AI-powered underwriting with alternative data models to serve borrowers who lack traditional credit histories, delivering customized financing solutions through a network of 110+ branches.

Scale indicator8 records

Each record includes

Type, Value, Description, Source

Partnership3 partners
1Centrum Housing Finance Limited
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-03-18
Description

Acquired 75.01% controlling stake by Weaver Services. Centrum Housing Finance (CHFL) is being merged with People Home Finance to create a combined platform with Rs 2,000+ crore AUM. CHFL brings existing loan portfolio, branch network, and housing finance expertise to the combined entity.

2Capital India Home Loans Ltd.
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-08-19
Description

Acquired 100% stake for Rs 267 crore in 2024, strengthening Weaver's position in affordable housing finance. This acquisition added to Weaver's loan portfolio and branch network.

3People Home Finance
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-08-01
Description

Previously acquired in August 2025, People Home Finance (formed through acquisitions of Capital Home Loans and Centrum Housing Finance) is being merged with newly acquired Centrum Housing Finance to create a unified platform with expanded reach and scale.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
1Can Fin Homes
TypeBroad incumbent
Description

Established listed Indian HFC (Canara Bank subsidiary) with broad housing finance offerings across urban and semi-urban markets. Larger incumbent with overlapping customer base.

2Aadhar Housing Finance
TypeDirect peer
Description

Listed Indian affordable housing finance company focused on lower-income, self-employed borrowers across India. Most direct peer given overlapping customer segment, branch-led distribution model, and emphasis on tier 2/tier 3 markets.

3Aavas Financiers
TypeDirect peer
Description

Listed affordable HFC serving salaried and self-employed low/middle-income customers with a branch-led model across semi-urban and rural India. Closely comparable business model and customer profile to Weaver.

4Home First Finance Company India
TypeDirect peer
Description

Listed affordable HFC targeting first-time, self-employed, and salaried borrowers in tier 2/tier 3 cities using a tech-enabled, branch-led model. Highly comparable customer and geographic focus.

5PNB Housing Finance
TypeBroad incumbent
Description

Large, established Indian HFC (publicly listed) offering home loans across the credit spectrum. Listed as a previous employer of Weaver's CBO and a relevant broader incumbent in the same space.

6Vastu Housing Finance Corporation
TypeDirect peer
Description

Affordable HFC focused on self-employed, low-income borrowers in tier 2/tier 3 and rural India. Directly comparable in target segment, distribution approach, and product mix.

7Shriram Housing Finance
TypeDirect peer
Description

Affordable HFC within the Shriram Group serving first-time home buyers, including self-employed borrowers in smaller Indian cities. Comparable customer profile and product positioning.

8IIFL Home Finance
TypeDirect peer
Description

Affordable housing finance arm of IIFL Group, with a significant presence in tier 2/tier 3 markets and a focus on salaried and self-employed borrowers. Comparable in segment and geographic focus.

9HDFC Bank (post HDFC Ltd merger)
TypeBroad incumbent
Description

India's largest private bank post HDFC Ltd merger, dominant in home loans including the affordable segment. Founder Satrajit Bhattacharya's 28-year HDFC pedigree makes this the relevant large incumbent reference point.

10LIC Housing Finance
TypeBroad incumbent
Description

One of India's largest HFCs with pan-India distribution including affordable housing. Relevant broad incumbent given scale and overlap in home loan products for lower-income segments.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat6 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment1 record

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI capability3 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles4 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries2 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds2 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors4 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Weaver Services

Affordable Housing Financeweaverhfc.com

Weaver Services firmographics

Firmographics
Name
Weaver Services
Legal name
Weaver Services Private Limited
Website
https://www.weaverhfc.com
Company type
Private
Founded year
2024
Operating status
Operating
Headcount range
251–500 employees
Ownership category
akta.pro rank

Where Weaver Services is headquartered

Location

Headquarters

HQ city
Mumbai
HQ country
India
HQ region
Asia

Offices1 record

Markets served

Weaver Services business model

Business model
GTM type
B2C
Offering type
Services
Cost components
Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

  1. Home Loan Interest Income: Primary revenue from interest earned on affordable home loans provided to underserved borrowers in tier 2 and tier 3 cities
  2. Loan Processing Fees: Fees charged for loan processing and origination services
  3. Asset Management Fees: Revenue from managing the combined assets under management platform exceeding Rs 2,000 crore

Pricing tiers

ModelBillingPrice
OtherMonthlyHome loan products tailored to affordable housing segment

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Weaver Services product offering

Product offering

Core offering

Weaver Services provides affordable home loans to underserved self-employed populations in India's tier 2 and tier 3 cities. The company combines physical branch distribution (140+ branches) with proprietary AI-powered underwriting that uses alternative data models to assess creditworthiness of borrowers lacking traditional credit histories. Its integrated platform manages over Rs 2,000 crore in assets across acquired brands including Capital India Home Loans, Centrum Housing Finance, and People Home Finance.

Product overview

Weaver Services operates as a unified housing finance platform combining multiple acquired entities (Capital India Home Loans, Centrum Housing Finance, and People Home Finance) to serve underserved borrowers in Tier 2 and Tier 3 cities across India. The platform functions as a consolidated entity with over Rs 2,000 crore in assets under management and 140+ branches, offering affordable home loans powered by AI-driven underwriting and alternative data models. The company is backed by Premji Invest, Lightspeed Venture Partners, and Gaja Capital.

Differentiator

Problem solved

Functional benefit

Products and services

  • Weaver Services Affordable Home Loan Platform A fintech-enabled housing finance platform providing affordable home loans to underserved self-employed populations in Tier 2 and Tier 3 cities across India. The platform combines AI-powered underwriting with alternative data models to serve borrowers who lack traditional credit histories, delivering customized financing solutions through a network of 110+ branches.

Quantifiable outcome

  • Rs 2,000 crore combined AUM with 140+ branches
  • +1 more outcomes

Companies that use Weaver Services

Customer profile

Segments1 record

Ideal customer profiles1 record

Weaver Services technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature3 records

Weaver Services partnerships and signals

Strategic signal

Partnerships

Three partnerships are on record, tiered core.

  • Centrum Housing Finance LimitedcoreStrategic or Co-development Partner · 18 March 2026Acquired 75.01% controlling stake by Weaver Services. Centrum Housing Finance (CHFL) is being merged with People Home Finance to create a combined platform with Rs 2,000+ crore AUM. CHFL brings existing loan portfolio, branch network, and housing finance expertise to the combined entity.
  • Capital India Home Loans Ltd.coreStrategic or Co-development Partner · 19 August 2025Acquired 100% stake for Rs 267 crore in 2024, strengthening Weaver's position in affordable housing finance. This acquisition added to Weaver's loan portfolio and branch network.
  • People Home FinancecoreStrategic or Co-development Partner · 1 August 2025Previously acquired in August 2025, People Home Finance (formed through acquisitions of Capital Home Loans and Centrum Housing Finance) is being merged with newly acquired Centrum Housing Finance to create a unified platform with expanded reach and scale.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Weaver Services competitors and assessment

Company assessment

Broad incumbents

  • Can Fin Homes: Established listed Indian HFC (Canara Bank subsidiary) with broad housing finance offerings across urban and semi-urban markets. Larger incumbent with overlapping customer base.
  • PNB Housing Finance: Large, established Indian HFC (publicly listed) offering home loans across the credit spectrum. Listed as a previous employer of Weaver's CBO and a relevant broader incumbent in the same space.
  • HDFC Bank (post HDFC Ltd merger): India's largest private bank post HDFC Ltd merger, dominant in home loans including the affordable segment. Founder Satrajit Bhattacharya's 28-year HDFC pedigree makes this the relevant large incumbent reference point.
  • LIC Housing Finance: One of India's largest HFCs with pan-India distribution including affordable housing. Relevant broad incumbent given scale and overlap in home loan products for lower-income segments.

Direct peers

  • Aadhar Housing Finance: Listed Indian affordable housing finance company focused on lower-income, self-employed borrowers across India. Most direct peer given overlapping customer segment, branch-led distribution model, and emphasis on tier 2/tier 3 markets.
  • Aavas Financiers: Listed affordable HFC serving salaried and self-employed low/middle-income customers with a branch-led model across semi-urban and rural India. Closely comparable business model and customer profile to Weaver.
  • Home First Finance Company India: Listed affordable HFC targeting first-time, self-employed, and salaried borrowers in tier 2/tier 3 cities using a tech-enabled, branch-led model. Highly comparable customer and geographic focus.
  • Vastu Housing Finance Corporation: Affordable HFC focused on self-employed, low-income borrowers in tier 2/tier 3 and rural India. Directly comparable in target segment, distribution approach, and product mix.
  • Shriram Housing Finance: Affordable HFC within the Shriram Group serving first-time home buyers, including self-employed borrowers in smaller Indian cities. Comparable customer profile and product positioning.
  • IIFL Home Finance: Affordable housing finance arm of IIFL Group, with a significant presence in tier 2/tier 3 markets and a focus on salaried and self-employed borrowers. Comparable in segment and geographic focus.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

Weaver Services social profiles

Digital presence

Weaver Services financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Weaver Services leadership team

Management profile

Number of profiles

Profiles4 records

Weaver Services subsidiaries and ownership

Company hierarchy

Subsidiaries2 records

Weaver Services funding detail

Funding detail

Funding overview

Funding rounds2 records

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Weaver Services M&A and investment

M&A and investment

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Weaver Services

What does Weaver Services do?

Weaver Services provides affordable home loans to underserved self-employed populations in India's tier 2 and tier 3 cities. The company combines physical branch distribution (140+ branches) with proprietary AI-powered underwriting that uses alternative data models to assess creditworthiness of borrowers lacking traditional credit histories. Its integrated platform manages over Rs 2,000 crore in assets across acquired brands including Capital India Home Loans, Centrum Housing Finance, and People Home Finance.

Is Weaver Services a public or private company?

Weaver Services is a private company. It is classified as venture growth investor backed and is currently operating.

When was Weaver Services founded?

Weaver Services was founded in 2024. It employs 251 to 500 people.

Where is Weaver Services based?

Weaver Services is headquartered in Mumbai, India, in the Asia region.

How does Weaver Services make money?

Three revenue lines are on record. Home Loan Interest Income is the primary driver. The others are loan Processing Fees and asset Management Fees.

Who are Weaver Services's main competitors?

Broad incumbents on record are Can Fin Homes, PNB Housing Finance, HDFC Bank (post HDFC Ltd merger) and LIC Housing Finance. Direct peers are Aadhar Housing Finance, Aavas Financiers, Home First Finance Company India, Vastu Housing Finance Corporation, Shriram Housing Finance and IIFL Home Finance.

Does Weaver Services have an API?

No public API is recorded for Weaver Services.

Unlock the full company data

50 free credits on sign-up, no credit card required.

Contact sales
Live signals
The Times of IndiaAre fintech investors now backing only mature firms?India's fintech sector raised $513 million in Q1 2026, a marginal increase from the previous year, but funding rounds dropped 54% as investors shifted focus toward mature, compliance-focused firms. This structural shift is characterized by a surge in late-stage deals and a sharp decline in seed-stage activity, driven by tighter regulatory scrutiny and a preference for sustainable business models over aggressive growth. Key beneficiaries include Weaver Services, which secured $156 million, alongside other infrastructure and lending players like Ecofy, Easy Home Finance, and IDfy.The Times of IndiaFintech funding holds at $513 million in Q1 2026, even as deal count collapses 54%: Report - The Economic TimesIndia's fintech sector raised $513 million in Q1 2026, a 2% increase from $503 million in Q1 2025, though deal count dropped 54% from 99 to 45 rounds, indicating capital is concentrating in fewer companies with larger average cheque sizes. Housing finance platform Weaver Services accounted for nearly one-third of total funding with a $156 million raise, while online lending captured 60% of all capital deployed during the quarter. Mumbai emerged as the leading hub with 61% of funding ($311 million), overtaking Bengaluru's previous 51% share, driven by the rise of lending and housing finance sectors.Analytics InsightHow Indian AI Startups Raised $3.94 Billion in Just Three MonthsIndian AI startups raised $3.94 billion across 238 deals in the first quarter of this year, a figure more than six times the $643 million raised by India's top 100 AI startups in the entirety of the previous year, marking a record quarter for the sector. The surge was driven by large rounds including Neysa's $600 million Series B, Weaver Services' $156 million raise, Arya.ag's $80.3 million, and Rocketlane's $60 million, spanning AI infrastructure, fintech, and agriculture. The funding is concentrated in AI infrastructure at $1.48 billion (38.3% of capital), with agriculture emerging as the single largest funded sector at $1.49 billion, while Tier-II and Tier-III cities now account for nearly half of all DPIIT-recognized AI startups, indicating a nationwide expansion beyond traditional startup hubs.The Times of IndiaFinTech Funding March 2026: Indian FinTechs raise USD 305.9 Mn across 15 dealsIndian FinTechs raised USD 305.9 million across 15 deals in March 2026, with Weaver leading at $170 million. Funding spanned affordable housing, EV, climate, supply chain, and AI-led risk solutions. Early-stage activity continued in AI and embedded finance.InstagramInstagramBetween March 23 and March 28, 2026, approximately 25 Indian startups across sectors such as EV, AI, and fintech raised over $331 million in funding. This follows a previous week where Indian startups collectively raised over $363 million, highlighted by Weaver Services securing $136 million alone.The Times of IndiaETtech Deals Digest: Startups raise $936 million in March so far; down 56% on-yearIndian startups raised about $935.7 million across 94 funding rounds in March 2026 so far, representing a 56% decline from the $2.1 billion raised in March 2025 and a 26.1% drop from the previous month. Key deals included housing finance platform Weaver Services raising $156 million for acquiring a controlling stake in Centrum Housing Finance Limited, B2B SaaS startup Rocketlane securing $60 million from Insight Partners for AI expansion, EV maker Euler Motors raising $47 million to double production capacity, and fitness platform Cult.fit collecting $47 million from Temasek after a two-year gap.YourStoryWomen in the age of AI; Weekend funding roundupThe article is a newsletter compilation covering multiple unrelated topics, including a keynote by HerKey's CEO on AI inclusion, a jury verdict against Elon Musk regarding Twitter, and BTS's concert return. It also reports that Indian startups raised $358 million in venture capital during the third week of March, driven largely by a single $155 million deal from Weaver Services. Additionally, it notes signs of weakening in Dubai's property market and United Airlines' plan to cut unprofitable flights due to rising fuel costs.YourStory[Weekly funding roundup March 14-20] Venture capital into Indian startups sees a sharp riseVenture capital funding into Indian startups surged to $358 million across 27 deals during the week of March 14-20, more than doubling the previous week's $143 million and marking the third-highest weekly total for the year so far. The jump was driven primarily by Weaver Services' $155 million raise (approximately 43% of total), with funding spread across fintech, NBFCs, consumer, and other segments. However, the article notes that late-stage funding remains subdued and that broader VC revival will depend on resolution of geopolitical tensions in the Middle East.BwdisruptWeaver Services Raises Rs 1,450 Cr Led By Premji Invest And LightspeedWeaver Services has raised Rs 1,450 crore (USD 156 million) in a two-tranche funding round led by Premji Invest and Lightspeed Venture Partners, with participation from Gaja Capital and senior financial services professionals. The fresh capital will be used to acquire a 75.01 per cent controlling stake in Centrum Housing Finance, subject to regulatory and shareholder approvals. Upon completion, Weaver will integrate Centrum Housing Finance with People Home Finance (acquired in August 2025), creating a combined platform with assets under management exceeding Rs 2,000 crore and over 140 branches across India.YourStoryHousing finance platform Weaver Services raises Rs 1,450 Cr from two funding roundsWeaver Services, a technology-driven housing finance platform, has raised Rs 1,450 crore across two funding rounds led by Premji Invest and Lightspeed Venture Partners, with Gaja Capital and senior financial services professionals also participating. The capital will primarily fund Weaver's acquisition of a 75.01% controlling stake in Centrum Housing Finance Limited (CHFL), the housing finance arm of Centrum Capital, with definitive agreements also signed to acquire Morgan Stanley's remaining 24.99% stake. The combined entity, which includes Weaver's earlier acquisition of People Home Finance in August 2025, will form a platform with assets under management exceeding Rs 2,000 crore and 140 branches across India, aiming to serve underserved borrowers in Tier II and III markets.