Axio’s Financials, Revenue, Profit, Valuation & Shareholding Overview (2025)
Legal Name: Thumbworks Technologies Private Limited | CIN: U72900PN2014PTC153050�
Axio, founded by Gaurav Hinduja and Sashank Rishyasringa, is a prominent Indian fintech company offering innovative credit and financing solutions. Established in 2016, Axio aims to democratize access to credit through its range of personal loans, BNPL (buy-now-pay-later) services, and credit lines tailored for young professionals and emerging consumers. The company utilizes cutting-edge technology, strong risk assessment models, and user-centric design to provide seamless digital lending experiences. With robust growth, a focus on financial inclusion, and strategic partnerships, Axio continues to expand its footprint and strengthen its position in India’s evolving fintech landscape.
| Founding year | 2016 |
|---|---|
| Headquarters | Bengaluru, India |
| Valuation | ~$500M (2023) |
| Total Funding | $160M |
| Annual Revenue | ₹480 Cr (FY24) |
| Annual Net Profit | ₹35 Cr (FY24) |
| EBITDA Margin | 20% |
| Employees | ~700 |
| Round | Date | Amount | Investors |
|---|---|---|---|
| Seed | 2016 | $5M | SAIF Partners |
| Series A | 2018 | $30M | Sequoia Capital India |
| Series B | 2022 | $125M | Accel, others |
- Expanding credit products including BNPL and personal loans.
- Strengthening AI-driven risk assessment and customer analytics.
- Expanding partnerships with e-commerce and retail platforms.
- Exploring potential IPO to fund rapid expansion.
Axio has recently announced collaborations with major retail players to broaden BNPL offerings. The company also reported strong year-over-year revenue growth, solidifying its position as a key fintech innovator in India.
| Metric | Detail |
|---|---|
| Revenue Growth | ▲ ₹480 Cr in FY24 |
| Profitability | ▲ ₹35 Cr net profit |
| Funding | ▲ $160M raised |
| Efficiency | ▲ EBITDA margin at 20% |
| Valuation | ▲ ~$500M (2023) |
Axio’s innovative credit solutions, strong financial growth, and expanding partnerships position it as a standout player in India's fintech space. The company is poised for future success with potential IPO plans on the horizon.
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