Capital India Home Loans, a wholly owned subsidiary of Weaver Services, has rebranded as People Home Finance.
People Home Finance will continue to invest in branches, people, proprietary technology, and risk systems designed to make home ownership a reality for millions of underserved Indians.
Satrajit Bhattacharya, Founder & Vice Chairman, People Home Finance, said, “Our new name says exactly what we stand for – a housing finance company built for the people of India. By combining decades of domain expertise with modern AI and data platforms, we aim to widen access to affordable credit while elevating trust, speed and transparency.”
Anil Kothuri, MD & CEO, People Home Finance, said, “People Home Finance aspires to make its mark in the rapidly growing housing finance market by deploying technology mindfully. This should help us provide a superior customer experience, achieve higher sales productivity and superior risk outcomes.”
“The new brand name (People Home Finance), and the visual identity expresses the company’s belief that home ownership is fundamental to dignity and prosperity,” Anil added.
In October 2024, Weaver Services acquired 100% stake in Capital Home Loans.
The rebranding follows the company’s previously announced $170 million funding led by Lightspeed, Premji Invest and Gaja Capital, and accelerates the company’s expansion across Tier 2 and Tier 3 cities.
Also in August, Weaver inked a deal to acquire a 75% in Centrum Housing Finance Ltd (CHFL) for about ₹600 crore. Currently, Centrum has a loan book of ₹1,000 crore, while Capital’s portfolio stands at ₹500 crore.
