Axio Secures $20 Million Investment from Amazon SMBhav Venture Fund

  • Fundraising News
  • 28.08.2024 10:55 am

Axio is pleased to announce that it has raised $20 million from the Amazon Smbhav Venture Fund. This significant investment marks a major milestone in Axio's mission to enhance credit accessibility for small and medium-sized enterprises (SMEs) in India.

As an online platform dedicated to providing working capital finance to SMEs, Axio will use this funding to accelerate its growth and strengthen its position in the financial industry. The investment will enable Axio to expand its innovative financial solutions and better serve the diverse needs of its SME clients.

Axio is excited about the future and remains committed to transforming India's financial landscape by making working capital more accessible to businesses across the country. The investment highlights Axio's dedication to driving financial inclusion and supporting the growth of SMEs.

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