Axio

Financial ServicesSeries FBangalore, Indiaaxio.co.in

Latest round

Series F

Last raised

Oct 2021

Total raised

$198M

Investors

8

About Axio

Based in Karnataka, India, and founded in 2013 by co-founders Gaurav Hinduja and Sashank Rishyasringa, CapFloat Financial Services Private Limited doing business as Axio, operates as a non-banking finance company (NBFC) providing digital lending services for the financial services industry.  Axaio developed a mobile application platform for Android and iOS smartphone users. The company’s platform offers a variety of financial solutions including capital finance and business loans for small and medium enterprises, term loans and working capital loans, pay later, personal credit and money management services. It allows individuals to take loans of INR 30,000 to INR 4,00,000. In addition, the firm uses cash flows, projected receivables, financials, and bank statements to determine the loans.

Who invested in Axio

8 investors across 8 rounds

See all investors in Axio

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Funding rounds

  1. Series F

    Oct 21, 2021

    Amount

    $86M

    Investors

    Locked

  2. Series E

    Apr 7, 2020

    Amount

    $4.9M

    Investors

    Locked

  3. Series E

    Oct 11, 2019

    Amount

    $20M

    Investors

    Locked

  4. Series E

    Aug 30, 2017

    Amount

    $46M

    Investors

    Locked

  5. Series D

    May 20, 2016

    Amount

    $25M

    Investors

    Locked

  6. Series C

    Mar 19, 2015

    Amount

    $12M

    Investors

    Locked

  7. Series B

    Dec 8, 2014

    Amount

    $1M

    Investors

    Locked

  8. Series B

    Jul 10, 2014

    Amount

    $2M

    Investors

    Locked

Questions about Axio

Who invested in Axio?

Axio has 8 investors on record across 8 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Axio raised?

Axio has raised 8 venture rounds. Sign up free to see how much each round raised and the total.

When did Axio last raise money?

Axio's most recent round on record is a Series F, in Oct 2021.

What does Axio do?

Based in Karnataka, India, and founded in 2013 by co-founders Gaurav Hinduja and Sashank Rishyasringa, CapFloat Financial Services Private Limited doing business as Axio, operates as a non-banking finance company (NBFC) providing digital lending services for the financial services industry.

Where is Axio headquartered?

Axio is headquartered in Bangalore, India.

Which VCs invest in companies like Axio?

Among active investors with capital left to deploy, ICBC Capital Management, China Life Capital, GoHigh Capital and ABQH Shenzhen Investment Fund Management back financial services companies at Axio's stage. Their profiles are linked below.

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