Housing Finance Company Altum Credo Raises $12 Million in Funding in India
Housing finance company, Altum Credo, on Monday said it has raised ₹88 crore, or roughly $12 million, in fresh equity funding led by growth fund Amicus Capital.
According to the company it will use the proceeds from the current fund raise to strengthen its technology platform and scale the business. The company aims to enhance usage of technology across various aspects of operations including origination, assessment and monitoring of loans as it shifts towards further digitising processes.
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