Embedded lending platform, which enables embedded credit for MSMEs within digital merchant platforms, for example Pet Pooja and GoKwik. Platforms benefit from making additional income in the form of origination fees, and can integrate easily into Intellend with real time analytics. Merchants get easier access to short term working capital, with low documentation requirements, transparent pricing and flexible payment terms. $1.2M seed round. Founded in May 2025, Mumbai based.

M&A platform which helps originate the supply of deals using AI globally, i.e. its an M&A copilot. AI agents analyse a database of over 4M tech companies, helping enterprises, PE-owned companies and high growth startups to identify acquisition targets. According to the company, traditional platforms (e.g. PitchBook or D&B) aggregate data without the AI-led reasoning to find the right targets. It has supported 42 deals so far, as well as 210 LOI-stage discussions. $2.6M round. Founded in Jan 2020, Pune based. Founders: CEO Maneesh (IIT Kharagpur '91; NYU Stern '03) was MD at RuralShores (Lok Capital backed BPO employing rural workers) for eight years. He started his career at Citigroup; CBO Shalu (IIT Kharagpur '12; IIM Lucknow '16) led healthcare GTM at Vilgro. She is ex-MindTickle and Deloitte; CTO Amaresh (Shivaji Univ. '93) held VP Engineering/CTO roles at Accurics (cyber resilience); Qualitia Software (dev firm) and Palatable Technologies (his startup) after 16 years at Symantec.

Institutional grade, AI-native, equity research platform for retail investors in India. It has 10K users, ₹5K CR of connected portfolios and ₹10 lakhs in annualised revenue. ₹1.4CR pre-seed round. ₹65 lakhs raised prior to this from friends and family. Founded in Nov 2023 (the beta launch was in mid 2025), Bangalore based. Founder & CEO Aaditya (IIT Kanpur '18) was at AmEx for three years and GS for two.

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.

Tax management for individuals as well as enterprises. The platform provides expert advice and automates ITR filings, tax deductions and compliance for salaried users and businesses. individuals can get on a free tax consultation call with to start with, followed by annual plans priced between ₹3000-8000 a year. Video consultations and filing assitance throughout the year are key to the offering. The company also has a wealth advisory arm under its Elite plan. $4M seed round led by Jungle Ventures. Other investors in the round: Panthera Peak. $1.55M pre-seed round led by Gokul Rajaram in Jun 2024. Founded in Mar 2022, Bangalore based. Founders: CEO Manas (National Institute of Advanced Manufacturing Technology Ranchi '15) is a former engineer from Kyt (social network for kids), xto10x (startup scaling tools), Jumbotail; CTO Dev (IIT Allahabad '16) is also an engineer from xto10x, and WalmartLabs. Comps: Cleartax, TaxBuddy and your local CA.

P2P cross-border payments platform powered by regulated stablecoins. Offers better rates than mid-market exchange rates, with near instant settlement in key corridors (starting with US-India). ₹9.5CR pre-seed round. Angels in the round: Abhiraj Singh Bhal, Varun Khaitan, Raghav Chandra (Urban Company); Pradeep Parameswaran (Uber); Kunal Shah (CRED), Rishabh Goel (Credgenics). Founded in Jan 2025, Gurgaon based. Founders: Aditya (IIT Bombay '08, INSEAD '13) was at Urban Company for five years prior to this (including as Country Head for the US), at Uber and at EY Parthenon; Himanshu (IIMA '13) was SVP at TravelPlus, Co-Founder at CurioED (science learning programs) and VP at Urban Company; Nikhil (IIM Lucknow '13) was at Urban Company for seven years prior to this (VP of Business Development) and at HCL.

Full stack fintech SaaS platform that helps financial institutions distribute priority sector and impact-linked loans. It offers the infrastructure for field operations, loan origination and credit decision making. Lenders using the platform have reduced turnaround time by 50-75% and increased their sanction loans ratio to 85-90%. The company has worked with 75 lenders to support disbursements of ~₹1,000CR in the last 18 months. ₹17.5CR ($2.1M) seed round. Other investors in the round: Gemba Capital. Existing investors include All In Capital. Founded in Oct 2022. Founders: Prashant (Madras Univ., LSE) was COO at HipBar (alcohol delivery app acquired by CRED) and worked on partnerships at Capital Float; Aman was a Director at Grant Thornton, SVP at Capital Float and more recently Partner at Accela Fiduciary (debt financing for priority sectors); Harshit was Head of Engineering at HipBar and architected the investment platform at Smallcase.

Insurance-tech platform that connects businesses and insurance providers, in order for businesses to secure surety bonds backed by insurers as an alternative to traditional bank guarantees. 75 surety bonds have been issued through the platform so far. ₹23.5CR seed round. Other investors in the round: Supermorpheous. Founded in Aug 2024. Founders: Aditya (CEO) was a co-founder at NH1Design (brand consultancy) for 12 years, Rajeev (COO) was Co-Founder & COO at Numberz (receivables platform backed by Peak XV (Sequoia at that time) and acquired by Chargebee), Mukund (CRO) was an SVP at Aon and VP at Tata AIG.

Broking platform. No information on current scale. It has a suite of trading and investing tools, including its options analytics platform Opstra, momentum and technical analysis tools and mutual fund research. First round of an undisclosed amount. Angels in the round: Hemant Luthra, Ajay Srivastava, D. Prasad, Nitin Agarwal, Madhusudan N. Sarda. Founded in 2015. Founders: CEO Prashant spent a decade at IIFL before founding Definedge; no background information available on co-founder Rajesh.

AI chatbots that act as debt counsellors for banks and other financial institutions, interacting with distressed borrowers to drive the debt recovery process. Works with lenders such as CRED, Nira, Propelld and Freo, managing collections for ₹100CR worth of NPAs each month. This funding will go towards building capabilities in credit risk workflows and managing multilingual conversations. $825K pre-seed round. Angels from Google, Meta, Tesla, M2P, HyperVerge. Founded in Feb 2024. Founders: CEO Ankit, CTO Jayanth and Co-Founder Abhishek are recent graduates from IIT Madras - Ankit went on to Carnegie Mellon before starting Riverline.