[7] Home First Finance was founded in 2010 by former chairman and co-founder of Mphasis, Jerry Rao; former CEO and MD of Bank of Baroda, PS Jayakumar; and Manoj Viswanathan, who previously worked with Citigroup India.

[13] In February 2017, private equity firm True North acquired a majority stake in Home First Finance for over ₹600 crore.

A co-investor in this round, Aether (Mauritius) Limited, an affiliate of the Singaporean sovereign wealth fund GIC, also became part of the company's promoter group with True North.

[15] In January 2021, Warburg Pincus increased its stake to 30.62% ahead of Home First Finance's initial public offering.

[7] In December 2021, Union Bank of India (UBI) and Home First Finance entered into a strategic co-lending partnership.