CreditWise Capital: 10 Key Things You Must Know

Overview

CreditWise Capital is a rapidly growing Indian non-banking financial company (NBFC) that specializes in providing technology-driven loans and financial services, with a primary focus on two-wheeler financing and MSME lending. Headquartered in Mumbai, Maharashtra, CreditWise Capital has established itself as a fintech leader by leveraging a blend of digital technology and an extensive customer outreach model. Founded in 2018, the company has quickly scaled its operations across India’s tier 2 to tier 4 cities, servicing over 200,000 customers and managing assets worth more than ₹645 crore as of early 2025. Their innovative “phygital” approach, combining digital underwriting with physical presence where needed, allows them to disrupt traditional lending and provide inclusive credit solutions. Readers will discover the company’s origins, products, funding milestones, technology innovations, market impact, and future growth plans.

1. Founding and Mission

CreditWise Capital was established in 2018 by co-founders Aalesh Avlani and Gurpreet Singh Sodhi, both industry veterans with strong experience in finance and technology sectors. The firm was conceived to address the limited access to credit among India's semi-urban and rural populations, particularly for two-wheeler purchases, a critical mode of transport and livelihood support in these areas. Their mission centers on creating simple, fast, and technology-enabled credit solutions to promote financial inclusion, empowering customers to fulfill their aspirations, from owning vehicles to expanding businesses.

2. Core Products and Services

At its heart, CreditWise Capital is known for its two-wheeler loans – designed to finance bike and scooter buyers with swift approval processes often completed within minutes. Along with new two-wheeler loans, the company also offers loans for electric vehicles (EVs), personal loans up to ₹50,000, and has recently expanded to include loans against property (LAP) exclusively available to existing customers. Beyond lending, the company cross-sells insurance products like health, motor, and life insurance, and provides digital lending services including digital underwriting and collections. Additionally, services such as bike servicing and roadside assistance enhance the customer experience, making it a full-stack financial services provider.

3. Technology-Driven Approach and 'Phygital' Model

CreditWise Capital operates with a hybrid “phygital” model that synergizes physical and digital channels to optimize loan sourcing and servicing. Their proprietary technology platform facilitates rapid customer onboarding, credit evaluation via AI-powered underwriting, and digital collections, enabling loan approvals in as little as two minutes. This model not only accelerates processing but also extends credit access across 215 cities in 10 states, including hard-to-reach tier 2 to tier 4 urban centers. The branchless nature of operations reduces costs and improves the scalability of their lending ecosystem.

4. Rapid Growth and Market Presence

The company has demonstrated remarkable growth since inception, with assets under management (AUM) escalating from approximately ₹50 crore in 2019 to ₹645 crore as of March 2025, exhibiting a compound annual growth rate (CAGR) of about 64%, which notably outpaces the average industry growth rate of around 19%. CreditWise Capital now serves customers in over 10 states and 210 cities, having financed more than 200,000 two-wheelers. Their presence in Maharashtra, Bihar, Karnataka, Telangana, and other regions underscores an extensive reach into underserved markets, positioning the company as one of India’s fastest-growing fintech NBFCs specializing in two-wheeler financing.

5. Institutional Funding and Investors

In July 2025, CreditWise Capital closed its first institutional funding round, securing ₹200 crore in capital with ₹120 crore invested by private equity firm Trident Growth Partners (TGP). This funding round marks a landmark milestone, providing the financial muscle to triple AUM over the next three years, expand lending products, and enhance technology infrastructure. TGP’s investment reflects strong confidence in CreditWise Capital’s leadership, business model, and growth potential. The partnership also facilitates strategic support through Trident's broad network and operational expertise, enabling the company to take its mission to more consumers.

6. Leadership and Expertise

The leadership team comprises seasoned professionals such as co-founders Aalesh Avlani (Executive Director) and Gurpreet Singh Sodhi (CEO), who bring decades of combined experience in banking, NBFC operations, and automobile finance. Their commitment to combining technology and market insights has driven the company's operational excellence. Along with experienced executives in risk management, sales, operations, and technology, the team has refined a customer-first lending experience while maintaining healthy asset quality standards.

7. Asset Quality and Financial Performance

CreditWise Capital maintains a commendable portfolio health with gross non-performing asset (GNPA) ratios controlled at around 2.3% as of late 2024, reflecting effective credit underwriting and collection processes. Despite being a relatively young player, the company posted a profit after tax (PAT) of over ₹2 crore in fiscal 2024 and saw continued improvements in profitability for the first half of FY25. Their capitalization remains adequate, with a capital adequacy ratio near 31% and gearing ratios maintained at manageable levels, demonstrating disciplined financial management aligned with growth ambitions.

8. Partnerships and Co-Lending Arrangements

To broaden its offerings and deepen market reach, CreditWise Capital has forged strategic partnerships with prominent institutions including HDFC Bank and Suryoday Small Finance Bank. The co-lending agreements facilitate wider distribution of two-wheeler loans into Tier 2 to Tier 4 towns, combining CreditWise’s technology and underwriting capabilities with the banking partners’ capital and network. These collaborations signify a shift toward inclusive finance ecosystems and reaffirm the company's path of expansion and innovation.

9. Customer Experience and Service Portfolio

Beyond lending, CreditWise Capital offers enhanced services designed for convenience and customer satisfaction. The mobile app allows customers to apply for loans digitally, check credit scores, and make instant payments. Additional value-added services such as doorstep bike servicing and roadside assistance provide holistic support to vehicle owners. User testimonials highlight swift approvals, easy documentation, and responsive customer service as hallmarks of their experience, fostering trust and loyalty in an expanding customer base.

10. Future Prospects and Expansion Strategy

Looking ahead, CreditWise Capital plans to aggressively scale its secured lending portfolio, aiming for an AUM of ₹4,500 crore by 2030 with a balanced mix of two-wheeler loans and micro loans against property. The focus remains on penetrating deeper into emerging markets across India, leveraging technology to enhance underwriting and collections, and expanding product lines. The firm’s vision is to become a full-stack financial partner to India’s emerging middle class, supporting them across diverse credit needs throughout their financial journeys.

Conclusion

CreditWise Capital embodies the new wave of fintech-driven NBFCs transforming India’s lending landscape, particularly in the two-wheeler and MSME segments. Founded on a vision of inclusivity, technology, and customer-centricity, the company has rapidly scaled its reach and financial capacity while maintaining disciplined asset quality and profitability. With significant institutional backing and innovative service models, CreditWise Capital is strategically positioned for sustained growth and to contribute meaningfully to India’s financial inclusion aspirations. As it aims to expand product offerings and deepen market penetration, questions remain about how regulatory evolution and competitive pressures will shape its trajectory. Still, its story offers a compelling example of fintech innovation fueling real-world impact.