How much funding has Credilio raised?

Credilio has raised $17.8M in total funding, most recently a Growth Equity round.

Where is Credilio headquartered?

Credilio is headquartered in Mumbai, India.

Credilio

Q: Who are Credilio's investors?

Credilio's investors include Cornerstone Ventures, InnoVen Capital, Alteria Capital.

Co-branded credit cards for 400M+ non-carded Indians

Mumbai, India · Founded 2020 · $17.8M raised

Fintech

Headquarters: Mumbai
Employees: 51–200
Founded: 2020
Business Model: B2B2C

Website: credilio.in
Total Funding: $17.8M
Last Round: $10.5M Growth EquityApr 2026
Rounds: 4

About

Credilio Financial Technologies (operating its consumer brand as 'novio') is a Mumbai-based fintech company founded in 2020 that enables credit access for over 400 million non-carded Indians through co-branded and secured credit cards. The platform digitizes the distribution of personal finance products via a nationwide agent network, partnering with banks including SBM, DCB, and YES BANK to issue fixed deposit-backed RuPay credit cards that require no credit score or income proof. Credilio raised a ₹100 crore ($14.4M) Series A in April 2026 from Cornerstone Ventures and Ashra PE Fund, and had previously raised $17.8M in total funding. The company serves both B2B distribution partners and B2C end consumers seeking first-time credit access.

Summary

Credilio is a Fintech company based in Mumbai, India, founded in 2020. It has raised $17.8M in total across 4 rounds, most recently a $10.5M Growth Equity round in Apr 2026. Investors include Cornerstone Ventures, InnoVen Capital and Alteria Capital.