Altum Credo Secures $40 Million Investment
ECONOMY & POLICY

Altum Credo Secures $40 Million Investment

Altum Credo, a prominent housing financier, has successfully secured a substantial investment of $40 million from Z3Partners and Oikocredit. This significant influx of capital marks a pivotal moment for Altum Credo, paving the way for accelerated growth and expansion in the housing finance sector.

The investment comes at a crucial time when Altum Credo is poised for strategic advancements in its operations and offerings. With a focus on providing accessible and innovative financing solutions, Altum Credo aims to address the evolving needs of homebuyers and developers in the market.

Z3Partners, known for its strategic investments in promising ventures, recognises Altum Credo's potential to make a meaningful impact in the housing finance landscape. This partnership is a testament to the confidence in Altum Credo's vision and capabilities to drive positive change in the industry.

Oikocredit, a leading global cooperative and social impact investor, joins hands with Altum Credo in its mission to promote sustainable housing solutions. With a shared commitment to social responsibility and financial inclusion, this collaboration aligns with Oikocredit's ethos of supporting initiatives that generate both financial returns and social dividends.

Altum Credo's ability to attract substantial investment underscores its strong market position and promising trajectory. The infusion of $40 million will fuel Altum Credo's efforts to expand its reach, enhance its product offerings, and strengthen its foothold in the competitive housing finance sector.

As Altum Credo embarks on this new chapter of growth, it remains dedicated to its core values of integrity, customer-centricity, and innovation. With the support of Z3Partners and Oikocredit, Altum Credo is poised to redefine the standards of excellence in the housing finance industry, empowering individuals and communities to achieve their homeownership dreams.

Altum Credo, a prominent housing financier, has successfully secured a substantial investment of $40 million from Z3Partners and Oikocredit. This significant influx of capital marks a pivotal moment for Altum Credo, paving the way for accelerated growth and expansion in the housing finance sector. The investment comes at a crucial time when Altum Credo is poised for strategic advancements in its operations and offerings. With a focus on providing accessible and innovative financing solutions, Altum Credo aims to address the evolving needs of homebuyers and developers in the market. Z3Partners, known for its strategic investments in promising ventures, recognises Altum Credo's potential to make a meaningful impact in the housing finance landscape. This partnership is a testament to the confidence in Altum Credo's vision and capabilities to drive positive change in the industry. Oikocredit, a leading global cooperative and social impact investor, joins hands with Altum Credo in its mission to promote sustainable housing solutions. With a shared commitment to social responsibility and financial inclusion, this collaboration aligns with Oikocredit's ethos of supporting initiatives that generate both financial returns and social dividends. Altum Credo's ability to attract substantial investment underscores its strong market position and promising trajectory. The infusion of $40 million will fuel Altum Credo's efforts to expand its reach, enhance its product offerings, and strengthen its foothold in the competitive housing finance sector. As Altum Credo embarks on this new chapter of growth, it remains dedicated to its core values of integrity, customer-centricity, and innovation. With the support of Z3Partners and Oikocredit, Altum Credo is poised to redefine the standards of excellence in the housing finance industry, empowering individuals and communities to achieve their homeownership dreams.

Next Story
Infrastructure Urban

Canal Water Boost for Mudki

In a significant push for public health and urban development, MLA Rajneesh Dahiya has announced a Rs.280 million canal water supply project for Mudki town in the Ferozepur Rural constituency. The initiative aims to provide clean drinking water to every household within Mudki’s municipal limits. Speaking about the development, Dahiya said the project falls under the Centre’s AMRUT (Atal Mission for Rejuvenation and Urban Transformation) scheme and is being carried out with the support of Punjab Chief Minister Bhagwant Singh Mann and Local Government Minister Dr. Inderbir Nijjar. “This ..

Next Story
Infrastructure Transport

6 Tunnel Boring Machines Idle in Chennai

Six tunnel boring machines (TBMs) deployed by the Chennai Metro Rail Limited (CMRL) are currently lying idle beneath city roads, stuck in limbo due to delayed construction of underground stations at Moolakadai, Perambur, and Mandaveli. The TBMs, launched as part of Corridor 3 of the Phase II Metro project from Madhavaram to SIPCOT, have reached their designated stations but are unable to proceed as the station boxes are incomplete. Without a completed diaphragm wall or station box, the machines cannot break through or be dismantled for reuse. According to CMRL officials, the root of the dela..

Next Story
Infrastructure Transport

Mumbai Metro 3 Nears Launch

The Mumbai Metro Rail Corporation shared a sneak peek of the newly completed Acharya Atre Chowk station on Metro Line 3 (Aqua Line) this Sunday, drawing both praise and impatience from the public. Located on the 9.77 km stretch between Bandra Kurla Complex (BKC) and Worli, the underground station is part of a long-anticipated corridor that promises to ease traffic and boost east-west connectivity. The social media update, posted by the handle @MumbaiMetro3, featured images of the station’s sleek new interiors. But the post quickly sparked a flurry of comments, with several users demanding c..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?