Housing finance company, Altum Credo, on Monday said it has raised Rs88 crore, or roughly $12 million, in fresh equity funding led by growth fund Amicus Capital.

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. Seven-year-old Altum Credo provides housing finance to economically weaker and low-income group categories which have traditionally faced challenges in accessing credit from formal channels.

Indian Housing Finance Company Altum Credo Raises $12M Led By Amicus Capital

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Indian Housing Finance Company Altum Credo Raises $12M Led By Amicus Capital

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