Altumedo funding, investors and company details

Altumedo is an emerging Banking and Finance startup from Pune, working in the space of Affordable housing finance company. Founded by Vikrant Bhagwat, Ganesh Rao, Ashish Tewari.

Company: Altumedo Home Finance Private Limited
Sector: Banking and Finance
Location: Pune
Founders: Vikrant Bhagwat, Ganesh Rao, Ashish Tewari
Total funding raised: ₹170 Cr

Company overview

Altumedo is a non-deposit-taking housing finance company registered with the Reserve Bank of India (RBI), was established in 2016 to provide affordable home loans to first-time buyers. The company focuses on serving low-income and underserved populations in semi-urban and rural regions across India. By August 2025, Altumedo had extended its services to over 15,000 customeacross six states—Maharashtra, Tamil Nadu, Karnataka, Rajasthan, Andhra Pradesh, and Telangana—managing assets worth more than ₹1,000ore. Its product portfolio includes home loans, home improvement loans, refinancing options, self-construction loans, balance transfers, and MSME loans, catering to a wide range of housing and financial needs.

Funding rounds

Latest round: ₹170.00 Cr. ($ 19.28 Mn), 2025-08-25. Investors: British International Investment (BII)