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British International Investment, LeapFrog Investments, Asian Development Bank and Premji Invest led a $112m funding round in Shubham Housing Development Finance.

Synopsis

British International Investment, a development finance institution, LeapFrog Investments, a private investment firm, Asian Development Bank, an international development finance institution, and Premji Invest, a venture capital firm, led a $112m funding round in Shubham Housing Development Finance. “Access to quality housing is a critical step in improving sanitation, delivering clean water. LeapFrog is committed to Shubham’s vision of helping deliver home ownership to thousands of low-income Indian families for the first time," Michael Fernandes, LeapFrog Senior Partner.

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