Warburg Pincus has divested its 10.3% stake in Home First Finance Company for INR 13.07 billion (~USD 149 million), marking a strategic exit in India's growing housing finance sector.

Target Company Overview

Home First Finance Company Limited (HFFC) is a prominent housing finance institution based in India, specializing in providing home loans to underserved segments of the population. Established with the aim of bridging the housing finance gap, HFFC focuses on affordable housing solutions, catering primarily to first-time homebuyers. The company has shown substantial growth in its loan book and has built a reputation for its customer-centric approach and efficient processing capabilities.

Through innovative product offerings and a robust distribution network, Home First has capitalized on the rapid urbanization and rising income levels in India. This strategic positioning has allowed the company to capture a significant share of the housing finance market, thereby solidifying its status as a key player in the industry.

Industry Overview in India

The Indian housing finance sector has experienced remarkable growth in recent years, driven by increasing housing demand, economic reforms, and government initiatives aimed at promoting affordable housing. With a growing middle class and urban

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Disclosed details

Transaction Size: $149M

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