US-based online mortgage lender Better.com, which has active operations in India, has closed its Series C funding round at $160 million, bringing the company’s total funding to $254 million to date. Activant Capital, Ping An Global Voyager Fund, Ally Financial, Citi, AGNC, Healthcare of Ontario Pension Plan (HOOPP) and American Express Ventures joined existing shareholders Goldman Sachs, Pine Brook, and Kleiner Perkins in the round. The capital they’ve raised will enable them to accelerate their investment in product development, grow strategic partnerships, expand team and scale platform to continue making it easier for borrowers to get home financing.

(Dealstreet Asia)