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Axio (formerly Capital Float)
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Axio (formerly Capital Float)

https://axio.co.in/
Last activity: 31.10.2025
Probably Closed
Categories: DataFinTechInformationInfrastructureManagementPersonalPlatformProductTechnology
Axio is a digital finance platform that offers personal credit and finance management for middle-income segment in India. The company has made unsecured check-out credit and personal loans available to 2.0 million customers through by developing dynamic credit models built on 7 years of lending history and underwriting data, strategic partnerships, in-house tech stack and collections infrastructure.
Mentions
4

Investors 2

Mentions in press and media 4

DateTitleDescription
31.10.2025Snapmint Raises USD 125 Mn in Series B Round Led by General Atlantic The company plans to use the fresh funds to expand its EMI-on-UPI offering and strengthen its merchant network across India.Mumbai-based buy now pay later platform Snapmint has secured USD 125 million in its Series B funding round led by General Atlantic, with participation from Prudent Investment Managers, Kae Capital, Elev8 Venture Partners, and existing angel...
04.09.2025Amazon completes $200 million cash acquisition of Axio, adds an NBFC licence via dealSynopsis While the company did not disclose the deal size, sources pegged it at around $200 million, with all the existing investors of Axio making an exit and the founders continuing to run the show. ETtechAxio founders Sashank Rishyasring...
04.09.2025Amazon Completes Acquisition of Axio Axio will continue to operate under its existing leadership while functioning as a subsidiary of Amazon.Amazon has finalised the acquisition of Axio, formerly known as Capital Float, after receiving approval from the Reserve Bank of India. Axio is a Bengaluru-based digital lending and checkout finance provider that has been a long-term partne...
04.09.2025Amazon completes Axio acquisition, secures access to direct lending business in India(Corrects headline and first paragraph to clarify that Amazon will hold the direct lending licence through Axio) By Ashwin Manikandan MUMBAI :Amazon said on Thursday that it has completed the acquisition of Bengaluru-based non-banking lende...

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