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.

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.

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.

FinTech company focused on the healthcare space, with a platform which enables upfront claims disbursals from within 10 minutes, helping hospitals and clinics overcome revenue realization delays while improving the patient experience. Documentation and claims processing (via a SaaS offering), along with collections, and financing (through its NBFC) are provided from a single platform. It manages 10K discharges per month. It plans to expand across India, as well as the US and Middle East. $8M Series A round. Other investors in the round: Sadev Ventures. Founded in Nov 2021, Gurgaon based. Founders: Sidak (Guru Nanak Dev Engineering College '13) is from Avail Finance (neobank), FarmGuide (agritech) and Clix Capital; Vikrant (DCE '08; Northeastern Univ. MBA '10) is also from Clix Capital, prior to which he was at Philips for five years.

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.