Exclusive: Axio Raises $6 Mn Debt From Alteria Capital

Bengaluru-based digital lender Axio (formerly known as Capital Float) has raised $6 Mn (about INR 50 Cr) debt from venture debt fund Alteria Capital. As per Axio’s regulatory filings, the startup issued 5,000 debentures to Alteria Capital to raise the funding at an interest rate of 13.85%.