Startup Atlas · Education Finance

Auxilo Finserve Soonicorn

Auxilo Finserve Private Limited Mumbai, Maharashtra Founded 2017 auxilo.com ↗

Auxilo Finserve is a Mumbai-based, education-focused non-banking financial company (NBFC) registered with the Reserve Bank of India. It provides education loans to students for higher studies in India and abroad, and financing to educational institutions for infrastructure and working-capital needs. The company is legally incorporated as Auxilo Finserve Private Limited (CIN U65990MH2016PTC286516, incorporated Oct 2016) and is widely described in…

Akash Bhanshali · Promoter, via family LLP ELME Advisors LLP; co-invested alongside Balrampur Chini Mills Ltd (BCML)
$152.52 MnTotal funding (tracked)
8Funding rounds
5 Mar 2026Last round
350Team size (sourced)

Auxilo Finserve: Funding Rounds

Date Round Amount Investors Source
5 Mar 2026 Debt ₹100 Cr source
27 Nov 2025 Debt ₹225 Cr Neo Group Dezerv Nuvama Wealth The South Indian Bank source
7 Feb 2025 Debt ₹50 Cr Motilal Oswal Finvest Limited source
16 Jul 2024 Equity ₹279 Cr LeapFrog Investments Trifecta Leaders Fund - I Xponentia Opportunities Fund - II source
23 Feb 2024 Debt ₹50 Cr AK Capital Finance source
25 Jul 2023 Equity ₹470 Cr Tata Capital Growth Fund II Trifecta Leaders Fund - I Xponentia Opportunities Fund - II ICICI Bank Limited source
25 Mar 2020 Equity ₹51.09 Cr ICICI Bank Limited source
1 Mar 2018 Equity ₹37.5 Cr Balrampur Chini Mills Ltd source

News on Auxilo Finserve

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FAQs on Auxilo Finserve

Who founded Auxilo Finserve?

Auxilo Finserve was founded by Akash Bhanshali in 2017.

How much funding has Auxilo Finserve raised?

Auxilo Finserve has raised $152.52 Mn across 8 tracked funding round(s), most recently on 2026-03-05. Figures are compiled from cited public sources.

Who are the investors in Auxilo Finserve?

Investors in Auxilo Finserve include Neo Group, Dezerv, Nuvama Wealth, The South Indian Bank, Motilal Oswal Finvest Limited.

What does Auxilo Finserve do?

Auxilo Finserve is a Mumbai-based, education-focused non-banking financial company (NBFC) registered with the Reserve Bank of India. It provides education loans to students for higher studies in India and abroad, and financing to educational institutions for infrastructure and working-capital needs. The company is legally incorporated…

Where is Auxilo Finserve headquartered?

Auxilo Finserve is headquartered in Mumbai, Maharashtra, India.

What is Auxilo Finserve's business model?

Auxilo Finserve's core value proposition centers on 100% Financing, Fastest Sanctions, Competitive Interest Rates, Broad expense coverage.

How does Auxilo Finserve make money?

Auxilo Finserve's cited revenue streams include Interest income on education/institution loans.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the "source" links beside each entry. Profile sources: www.auxilo.com www.auxilo.com inc42.com www.careratings.com · Last verified 7 Sep 2026. · Report a correction