Founder · Bharat Housing Network

Lalit Menghani

Co-founder of Bharat Housing Network, a lending infrastructure company based in Mumbai.

Co-founderMumbaiLending Infrastructure
Founded
2018
Mumbai, India
Raised to date
$19.5M
2 rounds on record
Latest round
Green bonds (debt)
$5M · September 2026

About

Lalit Menghani is Co-founder of Bharat Housing Network, a lending infrastructure company based in Mumbai, founded in 2018. Bharat Housing Network's most recent disclosed round was a Green bonds (debt) of $5M in September 2026.

Compiled from StartupFox records · updates as coverage is published

Company

Est. 2018
Bharat Housing Network
Lending Infrastructure · Mumbai · Active

Bharat Housing Network is a secured credit network providing technology and infrastructure that lets institutional capital reach last-mile borrowers, across mortgages, clean energy, mobility and gold loans. Founded by Lalit Menghani, Madhusudan Sharma and Prasad Ajinkya, it is part of Homeville Group and was built as India's first affordable mortgage co-lending platform, connecting banks, housing finance companies and NBFCs so loans can be originated at the edge and funded from the centre. It lends through the group's wholly owned NBFC, Singularity Creditworld, which gives it balance-sheet cap

Funding
September 2026Green bonds (debt)$5MSymbiotics
2024Series A (₹125 crore)$14.5MNABVENTURES (lead), 100Unicorns, Varanium, Riverwalk, LC Nueva
Company profile →2 rounds on record

Journey with Bharat Housing Network

3 milestones
  1. 2018Founded

    Launched within Homeville Group by Lalit Menghani, Madhusudan Sharma and Prasad Ajinkya as India's first affordable mortgage co-lending platform, built for last-mile credit delivery where loan sizes are too small for banks to underwrite alone.

  2. Mar 2022Milestone

    Signs a co-lending agreement with listed lender Star Housing Finance, an early validation of the platform model that sent the partner's stock up around 5%.

  3. Sep 2026Funding

    Raises $5 million in green bonds from Symbiotics under a $75 million basket programme anchored by British International Investment, extending from mortgages into rooftop solar, electric mobility and clean-tech MSME lending, and targets up to $25 million in green issuance by the end of the next financial year.

Also building Bharat Housing Network

MSMadhusudan SharmaCo-founder→PAPrasad AjinkyaCo-founder→

Coverage

1 story
Funding · 29 Sept 2026 · 7 min read
Bharat Housing Network Turns Its Mortgage Rails Toward Solar Panels and EVs

Quick answers

Who is Lalit Menghani?

Lalit Menghani is a Co-founder of Bharat Housing Network, a lending infrastructure company based in Mumbai, founded in 2018.

Who founded Bharat Housing Network?

Bharat Housing Network's founders and leadership on record at StartupFox are Lalit Menghani, Madhusudan Sharma and Prasad Ajinkya.

How much funding has Bharat Housing Network raised?

Bharat Housing Network has raised $19.5M across 2 disclosed rounds on record. The latest was a Green bonds (debt) of $5M in September 2026, with Symbiotics.

Where is Bharat Housing Network based?

Bharat Housing Network is headquartered in Mumbai, India.

What has StartupFox reported about Lalit Menghani?

StartupFox has published 1 story naming Lalit Menghani; the most recent is “Bharat Housing Network Turns Its Mortgage Rails Toward Solar Panels and EVs”.

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Sources & updates

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