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Kissht co-founders’ startup Rezolv raises $3.5 Mn in seed round

EntrackrEntrackr · 4m ago
Kissht co-founders’ startup Rezolv raises $3.5 Mn in seed round
Medial

Rezolv, a debt resolution platform for banks and non-banking financial companies (NBFCs), has raised $3.5 million in a seed funding round led by 3one4 Capital. Co-founded in October 2024 by Karan Mehta and Sonali Jindal (co-founders of digital lending startup Kissht), Rezolv addresses the challenge of debt recovery through integration of advanced analytics, AI, and GenAI to optimize each aspect of the collection period. It is a pure software and analytics platform. According to Rezolv, it aims to streamline the entire debt collection process such as digital communication, early reminders, interactive voice response calls, field visits, legal workflows, and analytics so that lenders can build more efficient collection systems in compliance with their policies. Rezolv says that its real-time AI auditing of customer interactions with agents or the system is analysed live to flag potential violations of lender policies. The platform weeds out the hassles of lenders that juggle multiple tools for collections, legal cases, and customer interactions. The startup brings it all under one roof, most importantly with AI-driven data analytics of customer behaviour, pattern, and interaction to make the recovery process better. Rezolv claims to have a major feature which is an AI-powered early warning score that helps lenders identify potential defaulters before they miss a payment. It leverages AI to predict who is at risk even before that happens and to segment borrowers based on behaviour and payment intent, optimising recovery strategies while minimising costs. The platform identifies high-risk customers earlier, and lenders can implement softer interventions such as personalised nudges, payment plan restructuring, or alternative repayment options before escalating to aggressive collection measures. Its key product is Strategy Builder that allows lenders to design and automate workflows, with AI-driven optimisations improving outcomes within one to three months. Rezolv aims to become the industry standard by offering a unified platform that integrates digital communication, field collections, legal workflows, and analytics. It will compete with other notable players in this space such as Credgenics, Spocto, and Creditas.

Round-up investing platform Deciml raises $3 Mn is seed round

EntrackrEntrackr · 4m ago
Round-up investing platform Deciml raises $3 Mn is seed round
Medial

Round-up investing platform Deciml has raised $3 million in a seed funding round led by Jainam Broking, marking its first venture into startup investment. The Pune-based company had previously raised $1 million from MyAsiaVC, Gaurav Munjal, Ritesh Malik, Raunak Munot, Mukund Jha, and others. Deciml stated in a press release that the funds will be used to enhance its product offerings, expand its user base, and strengthen its team to fulfill its mission of making investing accessible to all. Founded in 2020 by Satyajeet Kunjeer, Deciml leverages its unique round-up feature to automatically invest spare change from users’ daily transactions into mutual funds, making investing effortless and accessible for everyone. Whenever users make an online transaction via card or UPI, the platform rounds up the amount to the nearest 10 and invests the difference, creating a seamless pathway to wealth creation. The platform aims to make investing less intimidating and more engaging for young Indians by integrating spare change investing into their lifestyle rather than requiring a behavioral shift that could make the financial ecosystem overwhelming. “The Deciml journey is at a crucial crossroads right now. We took the time to adapt our product to user needs, and now we want to focus all our efforts and energies on scaling rapidly. At such a juncture, we truly couldn’t have asked for a more wonderful investor and partner than Jainam. They have not only validated our vision but are also fueling and shaping it,” said Satyajeet Kunjeer, founder of Deciml. According to market research, the fintech market size is estimated to reach $145.09 billion in 2025 and is projected to grow to $550.21 billion by 2030, at a CAGR of 30.55%. Deciml claims to have 3 lakh active users on its platform, with approximately 3.5 lakh app downloads. The company registered a revenue of ₹7.2 lakh in FY25. It primarily competes with Jar in this space.

MS Dhoni backs electric cycle maker EMotorad

EntrackrEntrackr · 1y ago
MS Dhoni backs electric cycle maker EMotorad
Medial

Electric cycles maker EMotorad has raised an undisclosed amount in a new round from Indian cricketer Mahendra Singh Dhoni. Post investment, Dhoni will have equity ownership in EMotorad and will also become brand ambassador for the company. Earlier to this round, the startup had raised $20 million in a Series B round led by Panthera Growth Partners in November 2023. Founded in 2020 by Kunal Gupta, Rajib Gangopadhyay, Aditya Oza and Sumedh Battewar, EMotorad operates a network of over 350 dealers across India and over 10 experience centres. The company claims that it is sourcing approximately 70% of the components locally, and has sold over 80,000 electric cycles in the last three years. It further aims to expand to 100,000 electric cycles by FY25 globally. EMotorad competes with TrottleMotors, eLIFE, Motovolt, and Yulu, among several others. MS Dhoni’s investments include Garuda Aerospace, Rigi, Tagda Raho, Khatabook, Cars24.

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