Khaitan & Co acts on Novio ₹100 crore Series A fundraise
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Summary
Credilio Financial Technologies Private Limited, dba Novio, has raised ₹100 crore from a Series A fundraise led by Cornerstone Ventures, with participation from Ashra Private Equity Fund, ESV-Arthya AIF and Roots Ventures, alongside venture debt from Innoven Capital and Alteria Capital.Khaitan & Co advised the lead investor Cornerstone Ventures Partners and co-investor Ashra Private Equity Fund.The transaction team advising Cornerstone Ventures consisted of Gautam Suseel (Partner), Ashutosh