Weaver Services

Weaver Services Private Limited is a housing finance company focused on India's affordable housing market. It was founded in April 2024 by Satrajit Bhattacharya, the former head of investments and M&A at HDFC Ltd, along with other former HDFC executives. Bhattacharya now serves in a non-executive capacity to guide the company's strategy.

The company's business model is centered on providing home loans to self-employed individuals and women in the unorganised sector, particularly within India's Tier 2 and Tier 3 cities. Weaver Services operates a tech-driven platform, combining technology with local market knowledge to deliver financial solutions that are described as fair, fast, and accessible to communities historically excluded from traditional credit systems.

In a significant strategic move, Weaver Services completed the 100% acquisition of Capital India Home Loans Ltd. (CIHL) for ₹267 crore in August 2025, marking its formal entry into the housing finance market. This acquisition was funded through equity raised from prominent investors including Premji Invest, Gaja Capital, and Lok Capital. The company plans to leverage this acquisition to scale its operations rapidly and expand financial inclusion.

Keywords: affordable housing finance, home loans, financial inclusion, Indian housing market, fintech, Tier 2 cities, Tier 3 cities, self-employed borrowers, women borrowers, mortgage lending, non-banking financial company, NBFC, Satrajit Bhattacharya, Capital India Home Loans, Gaja Capital, Premji Invest, Lok Capital, M&A, financial services, real estate finance