Platform focused on modernising India’s cooperative banks and credit societies by turning them into fully digital, neobank-like institutions. It offers a white-label mobile banking app and core infrastructure that lets these banks roll out UPI, bill payments, investments, lending, and insurance under their own brand. Undisclosed Series A raise led by Samved VC and Silicon Road Ventures, with participation from existing investors Pentathlon Ventures, 100Unicorns, and Venture Catalysts. Founders: CEO Amit was previously the co-founder and CEO of Airpay Payment Services; co-founder Vishal was previously the CBO of Nando's India.

Unified finance and banking platform for mid-size businesses ($10-40M revenue scale). The platform takes care of 1) Billing - ensuring bills are pulled in from various sources (email, slack) and billing errors + tax compliance are automatically addressed, 2) Accounting - with AI replacing the need for large in-house teams and 3) Banking - payments automation. $3.4M Pre-Series A round co-led by Blume Ventures and Piper Serica. The round also includes existing investors Antler, Neon Fund, IIMA Ventures who were in the $2.8M seed round led by Blume in Feb 2025; as well as new investors Ikemori Ventures, Raise Financial Services, QED Innovation Labs. Founded in Oct 2023, Bangalore based. Founders Arpita and Mohit (both ABV-Indian Institute of Information Technology and Management) worked together on games and gamification at Flipkart. Mohit was a Director of Product; Arpita was Head of New Initiatives; as well as of Games and Gamification.

Payments infrastructure startup building an API-led platform for banks, payment aggregators and fintechs to run their digital payments stack more efficiently. Its system brings together core payment functions, from authentication and routing to settlement, reconciliation, chargebacks and fraud checks across cards and UPI. $1M round ahead of a planned Series A, with continued backing from CDM Capital and Credit Saison, along with new investor GrowthCap Ventures. Founded in Apr 2019, Chennai based. Founder and CEO Mohanraj worked at Payment Solutions at MRL Posnet and Hitachi Payment Services.

Builds AI-led technology infrastructure for banks, NBFCs and fintechs to run and scale their digital lending and treasury operations. Positioning itself as an ecosystem enabler, the company connects lenders, borrowers and partners through an unified platform that supports loan origination and management - automating underwriting, UPI-based credit and real-time analytics. A co-lending stack enables banks and large NBFCs to partner with other institutions for origination and distribution of loans. The company manages over $5B in assets and has faciliated over $7B in disbursements. It supports over 150 partnerships across 85 lenders. $23.6M Series A round led by Accel; along with IIFL and Rocket Capital; and existing investors Prime Venture Partners, 3One4, Commerce VC and Trifecta. Founded in Jun 2019, Mumbai based. Founders: CEO Kushal (IIT Roorkee dual degree '09) was previously Founder & CEO of QuantMagnum Technologies (full stack platform for algorithmic trading), and before that, was a quant for a hedge fund in Austria; CBO Parthesh (Sardar Patel Institute of Technology '09) was a key account manager at Bloomberg and a business technology analyst at Deloitte.

Investment advisory platform that helps retail investors manage mutual fund portfolios with research-led guidance. There are over 5,000 mutual funds that are selected by over 50M investors in India largely by word of mouth. The platform offers PowerUp Elite, subscription-based institutional-grade research for personalised fund selection, rebalancing and goal planning. PowerUp Elite has over 25,000 paying subscribers. The company has also launched Power FD (find the highest paying fixed deposits across banks and NBFCs) and Power Age (long term wealth planning). With this round, customers will be able to begin their purchase/sale of mutual funds from within the platform. $12M Series A funding led by Peak XV. Other investors in the round: Accel, Blume and Kae Capital who led the $7.1M seed round in June 2025 along with 8i Ventures and DeVC. Founded in Jan 2024, Bangalore based. Founder and CEO Prateek (Bharati Vidyapeeth College of Engineering '08, IIM Mumbai '13) was previously the Co-Founder and CPO of Uni Cards. The company was incubated within Uni Cards.

Cross-border payments platform for Indian exporters, SaaS companies and other global facing businesses. Skydo enables exporters to collect international payments through local collections in overseas markets, reducing FX costs, settlement delays and operational friction. Positioned as a digital alternative to traditional correspondent banking and payment rails. Has the RBI's in-principle approval under the Payment Aggregator-Cross Border framework. Currently serves 30,000 clients, processing transactions in 32 currencies. Founded in Feb 2022, Bangalore based. $10M Series A round led by Susquehanna, with participation from existing investor Elevation. Founders: CEO Srivatsan (Coimbatore Institute of Technology, ISB) previously was SVP - Business at Rupeek, with a stint at Ola and six years at McKinsey; co-founder Movin (IIT Delhi, IIMA) started out as a fixed income trader at Barclays in the UK, and was most recently Director of Product Manager at PhonePe. Inbetween, he served in product roles at Meesho, Ola and InMobi.

Fintech infrastructure company and the parent of Finvu AA, one of India’s early RBI-licensed account aggregators. The company builds API-led tools that help banks, NBFCs and fintechs securely access and use customer-consented financial data. Its platform supports bank statement analysis, loan monitoring, collections and multi account aggregator connectivity, helping lenders and wealth managers make quicker, more informed decisions for 50 million customers so far. $15M Series A round. Other investors in the round: IIFL Fintech Fund. Founded in Oct 2019, Pune based. Founders: Manoj was previously the co-founder of dev firm Fourcloud; Munish was previously a VP in the Data and Innovations team at Barclays. Both founded Finvu together in 2016.

Home-loan platform simplifying the mortgage journey for first time and repeat borrowers. Built on top of India’s Digital Public Infrastructure (DPI), it runs a guided three-step process that evaluates a customer’s profile, identifies the most suitable lenders, and manages the home loan process end-to-end. Its assisted, tech-led model aims to remove the usual friction around documentation, eligibility checks and lender coordination, while also helping banks and NBFCs process home-loan applications faster and more consistently. ₹69CR Series A round. A combination of Seed and Pre-Series A rounds led by Peak XV were covered by us in Jan 2025. Founded in Aug 2023, Gurgaon based. Founders: Raghuveer comes from PolicyBazaar, where he worked as the business head of corporate insurance; Rameshwar was the CTO of Freecharge and CarDekho; Rashi was previously the business head at Velocity and an associate director at ZestMoney.

Credit-tech startup building an AI-led underwriting and intelligence layer for secured lending products such as home loans, LAP (loan against property) and MSME credit. It digitises and standardises property diligence for lenders - helping banks and NBFCs speed up loan origination, ensure compliance, and monitor portfolios more efficiently. ₹6 crore Pre-Series A round led by GrowthCap Ventures. Angels in the round: Navin Kukreja and Gaurav Aggarwal (Paisabazaar), Prasanna Rao (Arya.ag) and others. Founded in Jan 2022, Bangalore based. Founders: CEO Nagachethan was previously the head of housing business operations at Navi and product head at Vistaar; CTO Byom was previously a Senior NLP Engineer at ConcertAI and comes from DataWeave.

Helps digital neobanks, brokers and payment apps launch banking products quickly through a single API. Instead of integrating with multiple banks one by one, Blostem lets platforms offer fixed deposits, FD-backed credit cards and Credit-on-UPI through a single plug-and-play connection. The company already works with 10+ banks and NBFCs, and partners with leading fintech and brokerage apps to make retail banking products easier to access across India. Pre-Series A of an undisclosed amount, Raimatter gets a 9% stake. Founded in Apr 2022, Delhi based. Founders: Ravi was a Senior Consultant at PKC Advisory; Sandeep previously served as SVP at iServeU (banking infra provider); Uday is the founder of IT services firm Teknomatics.