Tag: #Ummeed Housing Finance

Home loan

Ummeed Housing Finance receives a $20 million loan from the US International DFC.

September 19, 2023

The US International Development Finance Corporation (DFC) has approved a $20 million long-term loan for Gurgaon-based Ummeed Housing Finance to help fund housing needs for economically disadvantaged and middle-income people. According to Ummeed’s creator and managing director Ashutosh Sharma, the American finance group will provide the debt at a fixed rate of 4.25% for 15 […]

Ummeed Housing Finance receives a $20 million loan from the US International DFC.more
Real Estate Investors

Morgan Stanley acquires Ummeed Housing Finance equity stake for Rs 164 crore.

February 29, 2020

Morgan Stanley has purchased an equity stake in Ummeed Housing Finance in the funding round of the company’s Rs 164-crore series-D. Ummeed Housing is operated by Swiss investor LGT, which has purchased the Soros Economic Development Fund’s India-focused fund Aspada.         A fund operated by global investor Morgan Stanley Private Equity Asia, which owns a minority […]

Morgan Stanley acquires Ummeed Housing Finance equity stake for Rs 164 crore.more