Former HDFC execs team up to start home loan venture; bag Rs 800 cr from PEs

Weaver Services, a non-bank lender formed by former HDFC executives, secured Rs 800 crore from private equity funds for expansion and acquiring Capital India Home Loans. The company plans to launch home loan products for self-employed individuals in Tier 2 and Tier 3 towns after regulatory approvals and acquisition completion.
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