Shubham Housing Finance (Shubham)

Shubham Housing Finance is a leading provider of housing finance solutions to families with informal incomes. Led by two incredibly passionate, committed, and well-experienced founders, Shubham is a pioneer in transcending document-based underwriting to contemporary credit programs that do not rely on paper-based income proofs to provide housing credit.

Saama felt that Shubham’s business met the confluence of several points in our thesis surrounding the broader financial services sector, not least of which was the founders’ novel idea of expanding credit to borrowers in the lower and informal income segments in urban and semi-urban areas; thereby, opening a largely untapped yet extremely sizeable market opportunity. We subsequently exited this business through a secondary sale.