axio
India’s premier consumer finance company offering pay later, credit and personal finance management.
India’s premier consumer finance company offering pay later, credit and personal finance management.
Axio: Axio, formerly known as Capital Float, is a leading consumer finance company based in India. With the slogan "India’s premier consumer finance company offering pay later, credit and personal finance management," axio offers a seamless brand experience by providing pay later, credit, and personal finance management services. The company's mission is to make credit accessible to all by leveraging technology to deliver innovative financial products to millions of individuals, including traditionally underserved consumers.
Founded in: 2013
Industries: Financial Services
Headquarter: India
Axio, under the brand name CapFloat Financial Services Private Limited, is a Non-Banking Finance Company (NBFC) registered with the Reserve Bank of India. The company has garnered significant support from renowned investors, including Elevation Capital (formerly SAIF Partners), Sequoia India, Lightrock, Creation Investments Capital Management LLC, Ribbit Capital, and Amazon. Despite the absence of specific information on the most recent investment, Axio's strong investor backing and its commitment to leveraging technology in the consumer finance space make it a compelling player in the Indian financial services industry.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Debt Financing | $6.00M | 1 |
|
08 Apr 2024 |
| Venture Round | INR3.70B | 8 |
|
28 Sep 2021 |
| Debt Financing | INR500.00M | 1 |
|
09 Jun 2021 |
| Venture Round | $15.00M | 4 |
|
14 Jan 2020 |
| Debt Financing | INR760.00M | 3 | Sunil Bodaram Luthria, Prakash Ramchand Belani +1 | 27 Jul 2019 |
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