Altum Credo’s $19.5M Raise Reinforces the Future of Inclusive Home Finance

Altum Credo’s latest equity infusion of approximately $19.5 million from British International Investment (BII) is more than just capital—it’s a high-conviction vote of confidence in affordable housing finance. From where I stand as an angel investor, its impact stretches beyond numbers. The firm’s mission—to deliver long-tenure home loans to first-time buyers with informal or semi-formal incomes—addresses a critical gap in India’s housing finance landscape, especially across underserved urban and semi-urban markets.

What excites me most is Altum Credo’s dual advantage: a tech-enabled origination and underwriting engine paired with a strong local presence. This hybrid model enables deep outreach and efficiency—something traditional lenders often struggle with. Serving over 15,000 borrowers across six states, the company has already built a meaningful AUM of over ₹1,000 crore, creating tangible impact for households today.

This fresh capital doesn’t just strengthen their balance sheet; it fuels broader inclusion. Focusing on low-income and women borrowers in its expansion drive, Altum Credo is poised to bolster not only housing access but also basic amenities like sanitation, electricity, and safety. For investors eager to back **impact,” scalability, and strong returns in fintech infrastructure, Altum Credo represents a nuanced and powerful bet.