SERIES A TRACKER

Tracking Pre-Series A and Series A deals that close in India every week

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Links out to the the websites of the startup and its investors, along with LinkedIn profiles of the founders and fundraising news.

Apr 23

Agentic-AI led platform that helps users check, build, and improve their credit score. By integrating with major bureaus and payment systems, it provides actionable insights, credit-building tools, and bill payment features to drive better credit behavior. Current scale undisclosed. At the time of the last round in Sep 2025, the company had 2M users and had processed ₹100CR in credit repayments. Founded in Jan 2024, Bengaluru based. ₹130CR (~$14M) round led by Accel. Investors that led the $8M seed round in Sep 2025, Lightspeed and Z47, along with angels including Vidit Aatrey and Sanjeev Barnwa (Meesho) participated. Founder & CEO Utkrishta (IIT Kharagpur) was previously Chief Experience Officer at Meesho for five years, before which he was in the founding team of Hopscotch.

Founders
April 23, 2026
Fundraise news
Investors
Wk 17 (20-26 Apr)

Wealth management firm offering tailored investment solutions for high-net-worth individuals. It combines portfolio management with access to boutique private equity opportunities. AUM recently crossed ₹200CR. It is moving beyond metros to Tier 2 cities, strengthening its presence in cities like Jaipur and Kanpur. ₹2CR pre-series A round by some family offices based out of Jaipur and Mumbai. Founded in Apr 2025, Gurgaon based. Founders: Valmik (NMIMS '19) was previously an investment advisor at Kotak for less than a year, before which he was a senior associate at Client Associates for 4 years; Shivansh (Delhi College of Arts and Commerce '20, IMI Delhi '23) was in the family office for one of India’s largest gaming companies (name undisclosed) and a private banker at Client Associates for a year each.

Founders
April 9, 2026
Fundraise news
Investors
Wk 15 (6-12 Apr)
Apr 7

Fintech rewards platform that allows users to earn Bitcoin (Sats) and gold on everyday spending. Through a prepaid card, gift cards, and browser integrations, it replaces traditional cashback with asset-based rewards. The platform currently operates at an annualised GMV of $40M and has distributed over ₹50CR worth of Bitcoin and gold rewards since launch. It has partnerships with major brands including Flipkart and Google. Founded in May 2020, Bangalore based. Founders: CEO & CTO Mohammed (Sri Siddhartha Institute of Technology '12) was the Founder of SaffronCoin, a P2P decentralised multi-algorithm crypto-currency; Co-Founder & Head of Finance Roshni (Jain University, Bangalore; University of Strathclyde '17) was a Research Analyst at ONEX AE, a management consulting firm in Dubai.

Founders
April 7, 2026
Fundraise news
Investors
Wk 15 (6-12 Apr)

EV financing and asset management platform. Its services include leasing, asset management, maintenance, roadside assistance, and recovery. It has enabled financing for over 25,000 EVs across two-wheelers, cars, buses, and trucks. $6.4M Series A led by IvyCap Ventures, along with existing investors Asian Development Bank, Advantedge Founders, as well as Trucks Venture Capital. The company raised $3M in March 2025. Founded in Apr 2023 in partnership with Grip Invest, Gurgaon based. Founder and CEO Kunal (IIM Bangalore '05) was previously the CEO of CARS24, was Executive VP at Bain Capital, and was MD and CEO of CEAT Specialty Tyres. He started out at BCG (eight years).

Founders
April 10, 2026
Fundraise news
Investors
Wk 15 (6-12 Apr)
Mar 31

Fintech platform focused on helping India’s self-employed (i.e. non salaried) workforce build a daily savings habit and access financial services. Its core offering allows users to invest in debt mutual funds with ticket sizes starting from ₹100. It has acquired 3M users since launch (May 2025) and executed over 2M mutual fund transactions in February alone. $12M Series A led by Accel, along with Lightspeed and InfoEdge who led the seed round last April 2025. Founded in Nov 2024, Delhi based. Founders: CEO Anugrah (IIT Kanpur '12; IIMA '14) was a Partner at BCG (11 years) where he helped an NBFC build out two lending businesses from the ground up; Ankur (IIT Kanpur '13; IIM Bangalore '17) was VP-Business at Battery Smart, and VP and Head of India Revenue & Demand at OYO; Mayank (IIT Roorkee '12; IIM Bangalore '17) worked across product and growth at Urban Company and is ex-BCG and ITC

Founders
March 31, 2026
Fundraise news
Investors
Wk 14 (30 Mar-5 Apr)

Impact focused NBFC providing secured, structured loans to MSMEs and rural businesses across Bharat. Historically anchored in vehicle financing, the company now focuses on enabling access to micro-entrepreneurs, small businesses, and first-time commercial vehicle drivers who remain underserved by formal credit. $5M Pre-Series A led by HegdInvst. The company raised $18M in debt in Dec 2025 from Switzerland-based Symbiotics and a number of Indian banks. Founded in Apr 1992, Chennai based. Founders: Ramesh Dugar (Loyola College) started the company 34 years ago.

Founders
March 31, 2026
Fundraise news
Investors
Wk 14 (30 Mar-5 Apr)

AI-led debt recovery platform, helping lenders improve collections and underserved borrowers unlock credit access. Works with over 40 banks and NBFCs across 10 states (now going to 15 with this round), with $6B in AUM. Automates constant communication with borrowers during the tenure of their loan along with customised payment links, sends digital notices, solves litigations online and provides a multi-lingual field collection app. Pre-Series A of an undisclosed amount led by Merak Ventures, along with UNLEASH Capital Partners and CDM Capital who invested $1.1M in the Aug 2025 seed round. Founded in Aug 2023, Gurgaon based. Founders: Balaji (IIT Roorkee '14) built the lending business at logistics platform WheelsEye and the co-lending product at SREI Infra Finance; Vijay (IIT Roorkee '15) was an EIR at WheelsEye, also working on the lending business. He is ex-ClearTax and BlackBuck (product roles).

Founders
April 1, 2026
Fundraise news
Investors
Wk 14 (30 Mar-5 Apr)

MSME lending platform providing credit to micro and small enterprises, particularly self-employed entrepreneurs. ₹110CR Series A led by Peak XV Partners. Prayaan Capital was founded in 2018, and recently acquired by Rangarajan Krishnan, who was previously the Joint Managing Director & CEO of Five Star Business Finance Limited. Co-Founders: CEO Madhan was previously the head of small business banking at RBL Bank; CHRO Akash was previously the head of human resources at RBL Bank.

Founders
February 26, 2026
Fundraise news
Investors
Wk 9 (23 Feb-1 Mar)
Feb 26

Debt relief and financial wellness platform helping individuals regain control of their finances. The company provides structured guidance and support to people navigating unsecured debt, with a focus on restoring long-term financial stability. Manages more than 120K active accounts and ₹3,200 in debt under management. ₹60CR (c. $6.6M) Series A led by Aavishkaar Capital, along with existing investors Sorin Investments, Piper Serica, Sattva Ventures. Founded in May 2020, Gurgaon based. Founders: CEO Ritesh (NIT Bhopal '96) was previously the CEO of Elitify.com; CTO Alok (Maulana Azad National Institute of Technology '96; IIT Madras '00) was was a senior engineering manager at eBay before building IOO Labs (data analytics provider); CFO Mohit (ISB '13) was AVP for corporate development at Zomato.

Founders
February 26, 2026
Fundraise news
Investors
Wk 9 (23 Feb-1 Mar)
Feb 23

Funded by both Stripe and Paypal Ventures, this is a cross-border payments infrastructure platform enabling Indian businesses to receive international payments from over 140 countries. The company offers API-led solutions that simplify foreign exchange, compliance as well as local US bank transfers such as ACH and Fedwire (the RTGS system in the US). it processed more than $1B in annualised cross border payment volumes last year. It has final authorization from the RBI for a Payment Aggregator–Cross Border (PA-CB) license. $16.6M Series A round at $85M post-money, led by General Catalyst, along with Square Peg, Stripe, Lightspeed Venture Partners, Moore Capital, Paypal Ventures. Founded in Apr 2021, Bangalore based. Founders: Anand (Wharton MBA '10) was previously the India lead at Stripe; Ashwin (VTU '04; USC '05) was previously the Chief of Staff to the CPO at Stripe; Abhijit (NSIT '06; IIM Calcutta '09; MIT Master's 12) was previously the APAC Head for Credit Risk at Stripe.

Founders
February 23, 2026
Fundraise news
Investors
Wk 9 (23 Feb-1 Mar)

Seed deals that closed each week, every Monday morning.

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