Lightspeed and Premji Invest lead $170 Mn round in Weaver Services

Weaver Services, a technology-led housing finance platform, has raised $170 million in a funding round led by Lightspeed and Premji Invest, with participation from Gaja Capital. 

The proceeds will be used to acquire assets, strengthen technology, and expand into tier-II and tier-III cities.

Led by founder and vice chairman Satrajit Bhattacharya, Weaver is building a next-generation housing finance platform using AI-driven underwriting models and alternative data to serve India’s underserved affordable housing segment, especially self-employed…