Housing finance company Altum Credo has received a fresh equity investment of Rs 50 crore ($6.7 million) from Amicus Capital, a growth fund. Existing investors, Aavishkaar Capital and PS Pai and family, also participated with an investment of Rs 19 crore each ($2.5 million), taking the round size to Rs 88 crore ($12 million).
The company plans to use the proceeds from the current fundraising round to strengthen its technology platform and scale the business.
