By Bl Mumbai Bureau

Copyright thehindubusinessline

Truhome Finance Ltd (formerly known as Shriram Housing Finance) has received a fresh capital infusion of ₹417 crore from its majority shareholder, Warburg Pincus, a leading global equity firm.

This capital infusion comes in the wake of the affordable housing finance company crossing the ₹20,000 crore Assets Under Management (AUM) milestone last month.

Warburg acquired a 98.39 per cent per cent stake in TFL in December 2024, and following the latest round of fund infusion, their shareholding in the company now stands at 98.59 per cent.

“This investment strengthens company’s balance sheet and supports its next phase of expansion. With this capital infusion, Truhome’s net worth now exceeds ₹4,000 crore,” TFL said in a statement.

Ravi Subramanian, MD & CEO, said thiscapital infusion will help expand TFL’s business and support the growth plans for the next financial year.

“.We are now well-positioned to accelerate towards the next milestone of ₹25,000 crore AUM while maintaining our financial prudence. Our journey ahead will continue to focus on expanding our presence, maintaining superior asset quality and on taking affordable housing finance segment deeper into semi-urban and rural India enabling homeownership for a wider section of society,” he said.

G.S Agarwal, Chief Financial Officer, observed that the latest investment further strengthens TFL’s capital base and will help it expand its distribution network.

“We see a significant demand for affordable housing across tier 3 and 4 cities. We intend to close FY26 with nearly 250 branches (from 200 branches now) and add further 70 to 75 branches in FY27. Our emphasis will remain on disciplined growth, cost efficiency and sustaining a high-quality lending portfolio,” he said.

Published on October 10, 2025