Aviom India Housing Finance, a fintech startup that provides credit to low-income households, has raised $8 million in a Series C round of funding from Sabre Partners.
Aviom India, which provides loans to low-income households, will use the fresh capital for business growth.
Founded in 2016 by Kajal Ilmi, Aviom India operates in 14 states with over 100 branches. It caters to low-income households in both rural and semi-urban areas. The startup offers home loans for construction, improvement, sanitation, and renovation besides it also provides loans against property for business requirements.