Credit Wise Capital, a lending company based in Mumbai that focuses on two-wheeler loans and small businesses, has raised INR 200 crore in its first major funding round.
The round was led by Trident Growth Partners, which put in INR 120 crore.
The money will help the company expand its two-wheeler operations, secure loans, and develop better credit tools, especially for people in smaller cities (tier 2 to 4).
Credit Wise plans to use the funds to triple its total loans over the next three years, introduce additional loan options, and enhance its technology systems.
“We are thrilled to have Trident Growth Partners join us as a long-term strategic partner,” said Aalesh Avlani, Co-founder, Credit Wise Capital. “Their confidence in our vision reinforces our belief that credit access in small-town India is not just a market opportunity, it’s a structural need. This capital will enable us to reach more customers, strengthen our tech stack, and bring formal finance closer to those who have been excluded for too long.
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Gurpreet Singh Sodhi, Co-founder, said, “We are delighted to welcome Trident Growth Partners as a strategic partner who shares our long-term vision. Along with growth capital, TGP brings deep experience and strategic insight that will enhance our execution capabilities. Their investment reaffirms our belief in leveraging technology combined with local insights and disciplined operations to create a transformative impact on the lending ecosystem.”
Founded by Aalesh Avlani and Gurpreet Singh Sodhi, Credit Wise Capital provides loans for two-wheelers and small businesses, with a presence in 215 cities across 10 Indian states.
Credit Wise Capital follows a ‘phygital’ model, which means it combines physical branches with digital tools to make borrowing convenient and straightforward for India’s growing middle class.
By March 2025, the company was managing INR 645 crore in loans, up from INR 489 crore the year before. It also boasts a strong capital ratio of 31.2%, indicating its robust financial health.
So far, it has helped people buy over 2 lakh two-wheelers, mainly in smaller towns, making credit more accessible to many.
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