Tracking Pre-Series A and Series A deals that close in India every week
Links out to the the websites of the startup and its investors, along with LinkedIn profiles of the founders and fundraising news.
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.
As the name suggest, a platform for farmers to buy, sell, finance and insure tractors and other rural commercial vehicles via both digital and offline channels. It operates 75 COCO (company owned company operated) outlets across Rajasthan, MP, UP and Maharashtra. FY25 revenue: ₹106CR with a ₹9CR loss. Founded in Feb 2018. Its FinTech arm FINJ has disbursed ₹1,500CR in loans through partners, since it launched in Jan 2024. $17M Series A round along with $5M in debt led by Astanor (a global impact investing firm). Founders: CEO Rajat was previously a general manager at National Motors (a Mahindra Tractors dealership); COO Animesh had worked first as a business development manager at Mahindra Group and then as an Associate Director at CARS24. No background information available on the third Co-Founder & President Shivani.
Elever is a digital-first wealth platform that helps people and businesses grow their money through smarter, more automated investing. Instead of relying on gut calls or manual portfolio management, Elever uses data-driven strategies to build customised plans for different financial goals. The idea is to make wealth creation accessible, transparent, and less dependent on market guesswork. $1.1M Pre-Series A round led by Brand Capital (the Times of India Group’s investment arm), with participation from global CXOs, existing investors, and promoters. Co-founder and CEO Anshul Sharan drives vision, strategy, and brand-building. Co-founder and CTO Ram Subramaniam leads tech architecture and product innovation. Co-founder and CMO Santosh R owns distribution, goal-based positioning, and investor engagement. Co-founder and CIO Karan Aggarwal heads investment model design and financial structuring.
EduFund is an Ahmedabad-based edu‑fintech platform empowering Indian families to plan, save, and access funding for global and domestic education. Serving over 2,50,000 families, EduFund partners with asset-management firms and lending institutions and provides goal-based investment plans, affordable education loans, visa & forex assistance, and expert counselling, all accessible through a single app. $6 M Series A round led by Cercano Management and MassMutual Ventures. Co-founder and CEO Eela Dubey is the vision driver behind EduFund’s AI-led education planning and financial advisory products. Co-founder and CFO Arindam Sengupta shaped EduFund’s financial architecture, from investments to lending collaborative frameworks.
InPrime Finserv is a Bengaluru-based tech-first NBFC purpose-built to serve India’s underserved but creditworthy population- small shop owners, self-employed workers, and micro-entrepreneurs who often get left out of the formal banking system. Launched in 2021, the platform combines digital-first onboarding, vernacular credit assessment tools like Credit-O-Meter, and local field teams to offer transparent, streamlined access to structured credit, bringing formal-grade lending experiences to Bharat's heartlands. $ 50CR Series A1 round led by Pravega Ventures, with continued participation from Z47, InfoEdge Ventures, and Kettleborough VC, fueling expansion into 50 new locations. Rajat Singh, Co‑founder & CEO (ex-Ujjivan SFB leader), driving the digital & field-first credit model. Manish Kumar Raj, Co‑founder, previously led micro-lending and retail credit operations. Sneh Thakur, Co‑founder- credit risk expert responsible for policy and underwriting frameworks.
Sahi is a Bengaluru-based trading platform designed for active retail investors, introduced in December 2024. The app prioritizes a “chart-first” experience, offering real-time values, open-interest tracking, technical indicators, AI-enhanced insights, and lightning-fast execution, all wrapped in a streamlined UI. With over 200,000 app downloads to date, the platform grows by more than 50% in active users each month, and about 20% of users have completed over 500 trades in under six months. $10.5M Series A round led by Accel and Elevation Capital. Dale Vaz, Co‑founder & CEO- former CTO at Swiggy, now steering product and tech strategy for Sahi. Manish Jain, Co‑founder & CPO - previously Vice President at Kotak Securities (and earlier with Fisdom), leading trading product innovation and user experience