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.
Venture debt in India rose marginally to $1.3 billion in 2025, even as the number of deals fell—signaling softer startup funding momentum. Venture capital stayed broadly steady, but venture debt took a bigger slice of startup financing. Fintech led deployments, followed by consumer and cleantech, alongside strong growth credit activity.
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