Anicut Capital Leads INR 55 Cr Follow-On Round in Unico Housing Finance
Unico Housing Finance has raised INR 55 crore to expand its affordable housing finance business while maintaining a focus on asset quality and profitability.
Ajay Anand, Partner - Anicut Capital
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Chennai-based Unico Housing Finance has raised INR 55 crore in a follow-on funding round led by Anicut Capital, with participation from existing investor UC Impower. The company will use the fresh capital to expand while maintaining its focus on asset quality and profitability.
Since Anicut Capital and UC Impower’s initial investment, Unico’s assets under management (AUM) have crossed INR 730 crore as of June 30, 2026. The company has expanded its branch network and strengthened its leadership, underwriting and risk management capabilities.
Dhruv Kapoor, Partner, Anicut Capital, said, “Affordable housing finance remains one of India’s significant unmet needs, particularly for self-employed individuals and first-time home buyers who often remain underserved by the formal financial system. We believe institutions that can responsibly bridge this gap will play an important role in advancing financial inclusion and contributing to India’s long-term economic development.”
He added that Unico has built its business around responsible lending and customer needs, and that Anicut is deepening its partnership with the company as it expands its reach.
Mona Kachhwaha, Partner and Co-Founder, UC Impower, said, “Access to formal housing credit remains one of India’s most underserved needs, and Unico Housing Finance is addressing this gap through a disciplined, customer-centric approach. This follow-on investment reflects our conviction in the team, the business model and the long-term opportunity.”
Babu Vellingiri, Managing Director and CEO, Unico Housing Finance, said the investment will support the company’s next phase of growth. “Our focus remains on expanding responsibly, strengthening our technology and distribution capabilities, and delivering seamless housing finance solutions that enable more families to realize their dream of home ownership.”
Chennai-based Unico Housing Finance has raised INR 55 crore in a follow-on funding round led by Anicut Capital, with participation from existing investor UC Impower. The company will use the fresh capital to expand while maintaining its focus on asset quality and profitability.
Since Anicut Capital and UC Impower’s initial investment, Unico’s assets under management (AUM) have crossed INR 730 crore as of June 30, 2026. The company has expanded its branch network and strengthened its leadership, underwriting and risk management capabilities.
Dhruv Kapoor, Partner, Anicut Capital, said, “Affordable housing finance remains one of India’s significant unmet needs, particularly for self-employed individuals and first-time home buyers who often remain underserved by the formal financial system. We believe institutions that can responsibly bridge this gap will play an important role in advancing financial inclusion and contributing to India’s long-term economic development.”
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