Startup Atlas · Education Finance

Auxilo Finserve Soonicorn

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

0204060$MEquity: $5.82M5.8Equity: $7.21M7.2Mar '20Equity (closure subject to approvals): $56.76M57Debt: $6.04M6Feb '24Equity: $34M34Debt: $5.91M5.9Feb '25Debt: $25.47M25Debt: $11.32M11Mar '26

Disclosed round amounts over time, USD millions.

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 (closure subject to approvals) ₹470 Cr announced; closure subject to approvals 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
Mar 2018 ~ Equity ₹37.5 Cr Balrampur Chini Mills Ltd source

Auxilo Finserve: Investors

Neo Group Dezerv Nuvama Wealth The South Indian Bank Motilal Oswal Finvest Limited LeapFrog Investments Trifecta Leaders Fund - I Xponentia Opportunities Fund - II AK Capital Finance Tata Capital Growth Fund II ICICI Bank Limited Balrampur Chini Mills Ltd

FAQs on Auxilo Finserve

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.

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 23 Oct 2026. · Report a correction