Mumbai-based NBFC Credit Wise Capital (CWC) has raised ₹200 crore in its first-ever institutional round, led by Trident Growth Partners (TGP), which infused ₹120 crore into the company. The round marks the second investment from TGP’s ₹2,000 crore maiden fund.
Founded by Aalesh Avlani and Gurpreet Singh Sodhi, Credit Wise Capital is focused on two-wheeler financing and MSME lending, operating across 215 cities in 10 Indian states. The new capital will be used to scale its secured lending book, enhance its proprietary SaaS lending platform, and expand across underserved Tier II–IV markets.
CWC operates a ‘phygital’ distribution model, combining its on-ground presence with digital underwriting to deliver frictionless credit to India’s emerging middle class. The NBFC had an asset base of ₹645 crore as of March 2025, up from ₹489 crore the previous year, with a capital adequacy ratio of 31.2%.
To date, CWC has financed over 200,000 two-wheelers, playing a significant role in enhancing credit accessibility in small-town India.
“This is a pivotal moment for us as we deepen our impact across India’s Bharat markets with institutional backing,” said cofounder Aalesh Avlani.
TGP had raised over ₹1,000 crore in commitments during the first close of its debut fund earlier this year, with participation from institutional investors, family offices, and over 30 leading startup founders.
The investment reflects growing investor interest in NBFCs enabling last-mile credit, particularly those deploying tech-enabled hybrid models to serve underserved segments.
 has raised ₹200 crore in its first-ever institutional round, led by Trident Growth Partners (TG...){kind=link}