Credit Wise Capital Raises ₹24 Crore to Revolutionize India's Two-Wheeler Lending Market

Credit Wise Capital Pvt Ltd, a trailblazer in the consumer finance space, proudly announces the successful raising of 24,000,000 in its latest funding round. This significant capital injection will further accelerate the company’s mission of providing technology-driven loans to customers through both innovative online and traditional offline sourcing models. Since its incorporation in early 2019, Credit Wise Capital has rapidly transformed from a budding NBFC to one of the fastest-growing players in the western region of India. With its headquarters in Mumbai and an expanding presence across over 20 locations in 5 states, the company is strategically positioned to leverage this new funding to solidify its market leadership. The primary focus has been two-wheeler financing—a niche that Credit Wise Capital is determined to revolutionize by combining tech-driven underwriting with an unwavering commitment to effective collections. This fresh capital will be dedicated to enhancing its cutting-edge underwriting technology, meeting the increasing demand for rapid, digital lending solutions, and ensuring precise credit risk management. Additionally, funds will be employed to boost the company’s offline sourcing infrastructure, thus maintaining a balanced approach between traditional customer engagement and the efficiency of online processes. This blend of technology and personal touch not only sets the stage for operational excellence but also promises to deliver a seamless customer experience as the company targets market expansion. With its robust vision and innovative strategies, Credit Wise Capital is set to redefine consumer finance, driving inclusive growth and making significant strides in the dynamic world of two-wheeler financing.