Altum Credo

Pune, India Founded: 2016 • Age: 10 yrs
Delivers comprehensive solutions for commercial and residential real estate loans.
Annual revenue $13.9M Latest available
Total funding $67.3M 4 rounds
Employees 614 Tracked headcount
Investors 13 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Altum Credo

Altum Credo is a company based in Pune (India) founded in 2016 by Vikrant Bhagwat, Ashish Tewari, and Ganesh Rao. It operates as a B2B. Altum Credo has raised $67.3 million across 4 funding rounds from investors including British International Investment, Z3Partners and Amicus Capital Partners. The company has 614 employees as of March 31, 2024. Altum Credo operates in a competitive market with competitors including India Shelter Finance Corporation, HDFC, Ummeed Housing Finance, Aadhar Housing Finance and Shubham, among others.

  • Headquarter Pune, India
  • Employees 614 as on 31 Mar, 2024
  • Founders Vikrant Bhagwat, Ashish Tewari, Ganesh Rao
  • Stage Minicorn
  • Sectors
    Financial Services
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Altum Credo Home Finance Private Limited
  • Date of Incorporation 12 Sep, 2016
  • Jurisdiction Pune, Maharashtra, India
Operational Areas
Financial Services → Private Capital & Alternative Investments Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $13.87 M (USD)
    64.29
    as on Mar 31, 2024
  • Net Profit
    $2.33 M (USD)
    123.07
    as on Mar 31, 2024
  • EBITDA
    $7.92 M (USD)
    124.39
    as on Mar 31, 2024
  • Total Equity Funding
    $67.3 M (USD)

    in 4 rounds

  • Latest Funding Round
    $40 M (USD), Series C

    Apr 11, 2024

  • Investors
  • Employee Count
    614

    as on Mar 31, 2024

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People of Altum Credo

Headcount 10-50
Employee Profiles 3
Board Members and Advisors 5
Employee Profiles
People
Anandakumar S
Regional Sales Manager
People
Vikrant Bhagwat
MD & CEO

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Board Members and Advisors
people
Ashish Tewari
Director
people
Himanshu Joshi
Independent Director
people
Sushma Kaushik
Nominee Director
people
Radhey Shyam Garg
Independent Director

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Funding Insights of Altum Credo

Altum Credo has successfully raised a total of $67.3M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $40 million completed in April 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Altum Credo

Altum Credo has secured backing from 13 investors, including venture fund and angel investors. Prominent investors backing the company include British International Investment, Z3Partners and Amicus Capital Partners.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Tech and digital investing services in India.
Locked Locked Locked
Private equity firm investing in multiple sectors
Locked Locked Locked
Government agency focused on small and medium-sized businesses
Locked Locked Locked
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Investor details for Altum Credo

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  • Investor domains
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  • Participation history

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Investments & Acquisitions by Altum Credo

Investments
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Investment portfolio details for Altum Credo

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Financial Statements - Altum Credo

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Detailed financials for Altum Credo

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  • Profit trends
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Altum Credo Comparisons

Altum Credo Primary company
Description
Delivers comprehensive solutions for commercial and resident...
Location
Pune, India
Founded Year
2016
Annual Revenue
$13.87 M (USD)
Net Profit
$2.33 M (USD)
EBITDA
$7.92 M (USD)
Employees
614
As of 2024
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Peer comparison for Altum Credo

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Competitors of Altum Credo

Altum Credo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as India Shelter Finance Corporation, HDFC, Ummeed Housing Finance, Aadhar Housing Finance and Shubham, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Housing loans are extended to middle-income households in India.
Locked Locked Locked
Provider of housing finance solutions
Locked Locked Locked
Real estate financing company
Locked Locked Locked
Loans for affordable housing in tier 2,3 and 4 cities
Locked Locked Locked
Affordable housing finance solutions are provided to underserved individuals.
Locked Locked Locked
Home and business loans are provided by Vastu Housing Finance.
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Detailed competitors of Altum Credo

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Latest news on Altum Credo

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Complete news archive for Altum Credo

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  • Older coverage
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Frequently Asked Questions about Altum Credo

Altum Credo was founded in 2016 and raised its 1st funding round 2 years after it was founded.

Altum Credo is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.

Vikrant Bhagwat is the current CEO of Altum Credo. They have also founded this company.

Altum Credo is a funded company, having raised a total of $67.3M across 4 funding rounds to date.

As of Mar 31, 2024, the latest employee count at Altum Credo is 614.

Annual revenue of Altum Credo is $13.87M as on Mar 31, 2024.

Altum Credo, established in 2016, excels in finance, banking, facilitating loans and financing, and real estate loans. Delivers comprehensive solutions for commercial and residential real estate loans. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.

Altum Credo's top competitors include India Shelter Finance Corporation, HDFC and Aadhar Housing Finance.

Altum Credo has 13 investors. Key investors include British International Investment, Z3Partners, Amicus Capital Partners, Oikocredit, and Aavishkaar Capital.

The valuation of Altum Credo is $59.26M as of Nov 2021.

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