Credilio bags Rs 78 crore to scale fixed deposit backed credit cards fast

Published on 28 April 2026

Venture debt too and a leap from 1 lakh

Credilio Financial Technologies, a fintech startup, has raised Rs 78 crore led by Cornerstone Ventures, along with Rs 23 crore in venture debt. The company plans to grow its customer base from one lakh to 50 lakh in three years by targeting underserved users in tier II and smaller towns through fixed-deposit-backed credit cards.

Credilio raises Rs 78 crore led by Cornerstone Ventures
Funding includes an additional Rs 23 crore venture debt
Startup targets growth from 1 lakh to 50 lakh customers
Focus is underserved tier II and smaller town users

#funding #credit cards #venture debt #india #fintech

Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic Times

Credilio bags Rs 78 crore to scale fixed deposit backed credit cards fast

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