Algoquant Fintech has secured ₹280 crore in credit facilities from private lender Axis Bank to support its growth strategy and strengthen its market presence.
Algoquant Fintech on Saturday said the company has secured Rs 280 crore credit facilities from private lender Axis Bank.
The proceeds will be utilised to fund its growth plans and strengthen market position, the company said in a statement.
As part of its growth and operational strategy, the company approached Axis Bank to avail a diverse range of credit instruments, including bank guarantees and other working capital facilities, necessary to scale its activities and meet the dynamic demands of the industry, it said.
“Following thorough deliberation and assessment, Axis Bank sanctioned credit facilities worth Rs 280 crores, subject to the standard terms and conditions outlined in the official sanction letter,” the company said.
Published on July 19, 2025
