axio - About the company
axio is an acquired company based in Bengaluru (India), founded in 2013 by Gaurav Dinesh Hinduja and Sashank Rishyasringa. It operates as a Provider of an online lending platform offering point of sale financing. axio has raised $206M in funding from investors like Amazon, Ribbit Capital and Creation Investments, with last known valuation of ₹*****. The company has 136 active competitors, including 20 funded and 8 that have exited. Its top competitors include companies like ZestMoney, PayJoy and Upwards.
Company Details
Provider of an online lending platform offering point of sale financing. It offers financing solutions like buy now pay later, credit, and more. It also offers personal finance management tools and enables businesses to onboard customers and manage sales. The app is available on both Android and iOS devices.
- Website
- www.axio.co.in/
- Social
- Email ID
- *****@axio.co.in
- Phone Number
- +91 **********
- Registered Address
- New No 3. (Old 211), Gokaldas Platinum, Upper Palace Orchards, Bellary Road, Sad, ashivnagar, Bangalore, Bangalore, Karnataka, India, 560080
Key Metrics
Founded Year
2013
Location
Bengaluru, India
Stage
Acquired
Total Funding
$206M in 13 rounds
Latest Funding Round
Last Known Valuation
₹***** as on Aug 22, 2024
Ranked
2nd among 136 active competitors
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2025
Employee Count
499 as on Apr 30, 2025
Similar Companies
Exit Details
Acquired by Amazon (Sep 04, 2025)
Legal entities associated with axio
axio is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
AXIO DIGITAL PRIVATE LIMITED CIN: U72900PN2014PTC153050 , India, Active | Nov 10, 2014 | ₹100 - ₹500 Cr (As on Mar 31, 2025) | 117 (As on Mar 31, 2026) | |
Capfloat Financial Services Private Limited CIN: U65993KA1993PTC074590 , India, Active | Oct 06, 1993 | ₹100 - ₹500 Cr (As on Mar 31, 2025) | 214 (As on May 01, 2026) |
axio's acquisition details
Click here to take a look at axio's acquisition in detail
Sign up to download axio's company profile
axio's funding and investors
axio has raised a total funding of $206M over 13 rounds. Its first funding round was on Jun 25, 2014. Its latest funding round was a Series F round on Aug 22, 2024 for $*****. 1 investor participated in its latest round. axio has 22 institutional investors and 12 angel investors.
Here is the list of recent funding rounds of axio:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 22, 2024 | 3416869 | Series F | 4942864 | 2096572 | 9459048 | 6133840 |
Apr 08, 2024 | 3903178 | Venture Debt | 8559503 | 6373557 | 9845751 | |
Sep 27, 2021 | 1484427 | Series E | 4625734 | 9161443 |
Access funding benchmarks and valuations. Sign up today!View details of axio's funding rounds and investors
axio's founders and board of directors
Founder? Claim ProfileThe founders of axio are Gaurav Dinesh Hinduja and Sashank Rishyasringa.
Here are the details of axio's key team members:
- Gaurav Dinesh Hinduja: Co-Founder & Managing Director of axio and founder of 1 other company. They are also an angel investor in 1 startup and serve on the board of 1 company.Contact Info: 2 email addresses and 1 phone number
- Sashank Rishyasringa: Co-Founder of axio. They serve on the board of 1 company.Contact Info: 2 email addresses and 1 phone number
axio's Board of Directors
axio's board has 4 active members. Gaurav Dinesh Hinduja and Sashank Rishyasringa are part of team and Venkataraman Murali and Ina Malhotra are independent board members.Here is the list of axio's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 12y 11m | |
Team | - | Current | 12y 11m | |
Independent board member | - | Current | 7y 3m | |
pggzxmo | Independent board member | - | Current | 8y 7m |
View details of axio's Founder profiles and Board Members
axio's employee count trend
axio has 499 employees as of Apr 25. The total employee count is the same as what it was in Apr 24. Here is axio's employee count trend over the years:
Uncover axio's growth story! Sign up today!
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
axio's Competitors and alternates
Top competitors of axio include ZestMoney, PayJoy and Upwards. Here is the list of Top 10 competitors of axio, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Online platform offering point-of-sale financing | $151M | 74/100 | ||
2nd | Provider of an online lending platform offering point of sale financing | $206M | 74/100 | ||
3rd | _1580719896785.png?devicePixelRatio=2&height=30&width=30){kind=logo} PayJoy 2015, San Francisco (United States), Series C | Online platform for purchase financing | $205M | 68/100 | |
4th | Provider of personal loans with an application and digital loan process | $5.5M | 64/100 | ||
5th |  FincFriends 2017, Gurugram (India), Series A | Provider of unsecured digital consumer lending products | $16.6M | 60/100 | |
6th | Online platform offering healthcare POS financing loans for consumers | $12.4M | 57/100 | ||
7th | PayMeIndia 2016, Noida (India), Seed | Developer of an online marketplace for personal loans | $2M | - | 57/100 |
8th | Si Creva Capital Services 2015, Mumbai (India), Funding Raised | Digital lending platform that enables customers to access credit for their shopping needs, offering personal loans with flexible repayment terms and a seamless application process | - | 56/100 | |
9th | Mobile based personal SMS assistant and expense tracking app | $9.38M | 51/100 | ||
10th |  Ram Fincorp 1984, Delhi (India), Unfunded | Provider of personal loan services | - | - | 51/100 |
_1580727735848.png?devicePixelRatio=2&height=30&width=30){kind=logo}
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on axio's competitors? Click here to see the top ones
axio's Investments and acquisitions
axio has made 1 investment in Walnut and acquired Walnut.Reports related to axio
Here is the latest report on axio's geography:
News related to axio
Filter this listMedia has covered axio for 1 event in last 1 year, It was about company updates.
•
•
Amazon completes $200 million cash acquisition of Axio, adds an NBFC licence via dealIndiatimes•Sep 04, 2025•Amazon, axio, Axio Global
•
Karnataka startups funding in Q1 2025 drops to $633M: TracxnYourStory•Apr 16, 2025•axio, Amazon, Digiledge, Mintoak and 3 others
•
FinTech Funding falls 35% to USD 366 Mn in Q1 CY25; late-stage deals, acquisitions gain paceIndiatimes•Apr 08, 2025•Cashfree Payments, InsuranceDekho, Zolve, Zeta and 10 others
•
Indian startups raise $1.76 Bn in JanuaryEntrackr•Feb 03, 2025•Impetus Technologies, Innovaccer, Infra.Market, Aragen and 34 others
•
•
•
•
Low income groups and small cities drive e-commerce, says reportBusiness Standard•Aug 23, 2024•Flipkart, Amazon, Nykaa, Myntra and 8 others
•
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Are you a Founder ?
FAQs about axio
Explore our recently published companies
- Impact2Day - Unfunded company
- Jiangsu Guotai Huasheng Industrial - Zhangjiagang based, 1988 founded, Unfunded company
- EA - Witham based, 1996 founded, Funding Raised company
- Vruddhi Inc - Mumbai based, 2005 founded, Unfunded company
- Broadsidemarketplace - Unfunded company
- rane.fr - France based, 2002 founded, Unfunded company
