Bottomline: Lightrock-backed axio's FY23 revenue doubles but losses widen too
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Bottomline: Lightrock-backed axio's FY23 revenue doubles but losses widen too

By Malvika Maloo

  • 02 Feb 2024
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Bottomline: Lightrock-backed axio's FY23 revenue doubles but losses widen too
Sashank Rishyasringa, co-founder, axio

Non-banking lender axio, which counts Lightrock, Amazon, Elevation Capital, Sequoia Capital and Ribbit Capital amongst its investors, improved its revenue for the financial year ended 2023, even as its losses widened during the period, VCCircle has learnt. Capfloat Financial Services Pvt. Ltd – claiming to have served 15 million customers across ......

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