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Axio Acquired

Capfloat Financial Services Private Limited Bengaluru, Karnataka Founded 2013 axio.co.in ↗
Gaurav Hinduja Sashank Rishyasringa
$190 MnTotal funding (tracked)
7Funding rounds
23 Aug 2024Last round

Axio: Funding Rounds

01020304050$MSeries A: $13M13Feb '15Series B: $25M25Series C: $45M45Aug '17Series C: $22M22Undisclosed: $15M15Apr '20Undisclosed: $50M50Undisclosed: $20M20Aug '24

Disclosed round amounts over time, USD millions.

Date Round Amount Investors Source
23 Aug 2024 Undisclosed $20 Mn Amazon Smbhav Venture Fund source
27 Sep 2021 Undisclosed $50 Mn Lightrock India Amrish Rau Creation Investments David Velez Kunal Shah Ribbit Capital Sequoia Capital India source
13 Apr 2020 Undisclosed $15 Mn Amazon Elevation Capital Ribbit Capital Sequoia Capital source
24 Apr 2018 Series C $22 Mn Amazon source
21 Aug 2017 Series C $45 Mn Ribbit Capital Creation Investments Elevation Capital Sequoia Capital India source
12 May 2016 Series B $25 Mn Creation Investments Aspada Elevation Capital Sequoia Capital source
10 Feb 2015 Series A $13 Mn Elevation Capital Sequoia Capital Aspada source

Axio: Investors

Amazon Smbhav Venture Fund Lightrock India Amrish Rau Creation Investments David Velez Kunal Shah Ribbit Capital Sequoia Capital India Amazon Elevation Capital Sequoia Capital Aspada

Acquisitions

DateAcquirerAcquiredAmountSource
15 Jan 2025 Amazon Axio Undisclosed source
21 Aug 2018 Axio Walnut $30 Mn source

FAQs on Axio

How much funding has Axio raised?

Axio has raised $190 Mn across 7 tracked funding round(s), most recently on 2024-08-23. Figures are compiled from cited public sources.

Who are the investors in Axio?

Investors in Axio include Amazon Smbhav Venture Fund, Lightrock India, Amrish Rau, Creation Investments, David Velez, Kunal Shah, Ribbit Capital, Sequoia Capital India.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the "source" links beside each entry. Profile sources: techcrunch.com techcrunch.com www.tofler.in techcrunch.com · Last verified 26 Aug 2026. · Report a correction