NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

By Rahul Verma

Aviom India Housing Finance, a micro-mortgage lender focused on serving low-income households in rural and semi-urban areas, has secured a significant investment of USD 30 million in a Series-D equity funding round. The round was led by Nuveen, a prominent global investment management firm, with participation from existing investor C4D Partners, who announced a partial exit in this round. Aviom had previously received investment from C4D Partners in its Series B funding round, and has also raised funds from Japan’s Gojo & Company and India-based Sabre Partners.

Photo courtesy of Sasha India.