Fintech firm Credilio raises Rs 78 crore led by Cornerstone Ventures
Credilio Financial Technologies has raised Rs 78 crore in a round led by Cornerstone Ventures, with participation from Shepherd’s Hill Private Equity, ESV-Arthya AIF, and Roots Ventures.
The Mumbai-based startup has also raised venture debt of Rs 23 crore from Innoven Capital and Alteria Capital.
Founded by Aditya Gupta, Sandeep Ghule, Anand Kapadia, and Manish Sinha in 2024, the fintech offers credit cards backed by fixed deposits, allowing users without a credit history or income proof to access credit.
