Novio funding, investors and company details

Novio is an emerging Financial Services - Fintech startup from Bengaluru, working in the space of A fintech platform that aims to make credit‑card‑style financial products. Founded by Aditya Gupta, Sandeep Ghule, Anand Kapadia, Manish Sinha.

Company: Credilio Financial Technologies Private Limited
Sector: Financial Services - Fintech
Location: Bengaluru
Founders: Aditya Gupta, Sandeep Ghule, Anand Kapadia, Manish Sinha

Company overview

Novio is a fintech platform that aims to make credit‑card‑style financial products accessible to a wide segment of Indian consumers who typically sit outside traditional bank‑lending parameters. The company builds simplified, fixed‑deposit‑backed credit‑card products that do not rely on conventional income‑proof or credit‑score checks, instead using alternative risk‑assessment methods to underwrite and extend credit. Its core business focuses on embedding credit into everyday UPI‑driven digital‑spending behaviour, offering rewards and benefits linked to regular usage while simultaneously helping users build a formal credit history that can later unlock cheaper loans and broader financial‑service access.

Funding rounds

Latest round (Series A): ₹100.00 Cr. ($ 10.48 Mn), 2026-04-29. Investors: Cornerstone Ventures, Shepherd’s Hill group, Roots Ventures, ESV-Arthya AIF