TA Announces Strategic Growth Investment in Vastu Housing Finance
Summary
Vastu leverages its proprietary technology and unique underwriting practices to deliver financing solutions to bankable but under-served self-employed customers across semi-urban and rural India. With more than 230 branch locations in 13 states, Vastu has established itself as a diversified retail lending player.We are excited to have TA on board as a valued, long-term partner. We are excited to partner with Sandeep, the management team and existing shareholders in supporting Vastus vision of building a high-quality, mortgage-led retail lending company, added Adi Sharma, Managing Director at TA.Sandeep Menon and Sujay Patil have done an exceptional job in building Vastu into a formidable franchise in the affordable housing finance space. Leveraging its deep industry expertise and strategic resources, TA collaborates with management teams worldwide to help high-quality companies deliver lasting value. The firm has raised $65 billion in capital to date and has over 150 investment professionals across offices in Boston, Menlo Park, Austin, London, Mumbai and Hong Kong.