• Founded in

    2013

  • Team Size

    441

  • Company Industry

    Fintech

  • Headquarters

    Bangalore, Karnataka

About us

axio, formerly Capital Float, is a consumer finance company offering pay later, credit and personal finance management under one seamless brand experience. On a mission to make credit worthy for all, axio leverages technology to deliver innovative financial products to millions of individuals across the country, including vast sections of traditionally under-served consumers.


axio is the brand name of CapFloat Financial Services Private Limited, a Non-Banking Finance Company (NBFC) registered with the Reserve Bank of India. The company has raised funding from marquee investors such as Elevation Capital (formerly SAIF Partners), Sequoia India, Lightrock, Creation Investments Capital Management LLC, Ribbit Capital, and Amazon.

  • Funding Round/Series

    Series F Round

  • Funding Amount

    $228M

  • Latest Funding Date

    8, 2024

  • Investors

    Amazon, Elevation Capital, Triodos Investment Management and Peak XV Partners.

  • axio has 22 institutional investors including Amazon, Elevation Capital and Ribbit Capital. Elevation Capital is the largest institutional investor in axio.


  • Kunal Shah and 11 others are Angel Investors in axio.