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novio Raises ₹100 Crore Series A to Put a Credit Card in Every Aspiring Indian’s Wallet

Mumbai-based fintech plans 50 lakh card issuances in three years, powered by instant approval, no eligibility requirements and premium benefits for everyone

novio raises ₹100 Cr For FD-Backed Credit Card Business

The funding will be used to scale its UPI-first fixed deposit credit card business, at a pre-money valuation of ₹300 Cr

novio Raises ₹100 Crore Series A Led by Cornerstone Ventures

The company aims to expand its customer base from one lakh to 50 lakh within three years, targeting underserved segments in tier II and smaller towns with its unique fixed-deposit-backed credit cards.

Fintech startup novio raises Rs 100 Cr in Series A led by Cornerstone Ventures

novio has raised ₹100 crore in its Series A funding round led by Cornerstone Ventures. The fresh funds will support expansion, stronger banking partnerships, and growth of its UPI-integrated credit offerings across India.

Credilio’s credit card biz novio raises Rs 100 Cr in Series A

Mumbai-based fintech startup novio funding round led was led by Cornerstone Ventures, with participation from Shepherd’s Hill Private Equity, ESV-Arthya AIF, and Roots Ventures.

novio Raises INR 100 Cr in Series A Round Led by Cornerstone Ventures

The round saw participation from Shepherd’s Hill Private Equity, ESV-Arthya AIF, and Roots Ventures, along with venture debt from Innoven Capital and Alteria Capital.

novio raises Rs 100 Cr in Series A led by Cornerstone Ventures

Fintech startup novio will use this funding to scale its distribution network, product development and enhance AI capabilities.

Mumbai-based novio raises Rs 100 crore to expand credit access for first-time users

Fintech startup novio has raised Rs 100 crore in a mix of debt and equity funding from Cornerstone Ventures. The round also saw participation from Shepherd’s Hill Private Equity, ESV-Arthya AIF, and Roots Ventures. Innoven Capital and Alteria Capital provided venture debt funding.

novio raises $10.5m to expand credit access in India

Indian FinTech startup novio has raised ₹100 crore (approximately $10.5 million) in a Series A funding round led by Cornerstone Ventures, with participation from Shepherd’s Hill Private Equity, ESV-Arthya AIF, and Roots Ventures. 

Fintech Startup novio Raises Rs 100 Crore In Series A Round

novio plans to expand into smaller cities, scale partnerships with banks, and target 5 million card issuances in the next three years.