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Just raised $40M Series B - high purchase intent window

Indian Housing Finance Company Altum Credo Raises $12M Led By Amicus Capital

Nov 25, 2021almost 4 years ago

Amount Raised

$12 Million

Maharashtra

Description

Housing finance company, Altum Credo, on Monday said it has raised Rs88 crore, or roughly $12 million, in fresh equity funding led by growth fund Amicus Capital.

Company Information

Company

Altum Credo

Location

Maharashtra, Maharashtra, India

About

The company aims to enhance usage of technology across various aspects of operations including origination, assessment and monitoring of loans as it shifts towards further digitising processes. Seven-year-old Altum Credo provides housing finance to economically weaker and low-income group categories which have traditionally faced challenges in accessing credit from formal channels.

FundzWatch™ Score

65
Medium Activity

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Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech