{"id":847568,"date":"2024-08-24T08:28:33","date_gmt":"2024-08-24T02:58:33","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=847568"},"modified":"2024-08-24T08:30:09","modified_gmt":"2024-08-24T03:00:09","slug":"fintech-firm-axio-raises-20-million-from-amazon-smbhav-venture-fund","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/08\/24\/fintech-firm-axio-raises-20-million-from-amazon-smbhav-venture-fund\/","title":{"rendered":"Fintech firm Axio raises $20 million from Amazon Smbhav Venture Fund"},"content":{"rendered":"<p>Axio on Friday raised $20 million in equity funding from the Amazon Smbhav Venture Fund as the digital consumer finance startup aims to expand lending and offer more credit products. <\/p>\n<p>Axio has raised $232 million in total funding with the latest round, according to data from Tracxn, a market intelligence platform. <\/p>\n<p>Before the latest funding, the company had raised $137 million in equity and $671 million in debt. The company in 2021 raised $50 million in equity funding led by Lightrock India with participation from other investors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Axio on Friday raised $20 million in equity funding from the Amazon Smbhav Venture Fund as the digital consumer finance startup aims to expand lending and offer more credit products. Axio has raised $232 million in total funding with the latest round, according to data from Tracxn, a market intelligence platform. Before the latest funding, the company had raised $137 million in equity and $671 million in debt. The company in 2021 raised $50 million in equity funding led by Lightrock India with participation from other investors.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-847568","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/847568","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=847568"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/847568\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=847568"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=847568"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=847568"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}