Bengaluru-based API banking startup Decentro has raised ₹30 crore in a Series B funding round led by InfoEdge Ventures, with participation from Stargazer Growth and existing backer Uncorrelated Ventures. In a move that aligns with India’s evolving regulatory and IPO environment, Decentro also announced plans to redomicile its parent entity from Singapore to India within 12–18 months.
What Decentro Does
Founded in 2020, Decentro operates an API-first platform designed to abstract the complexity of integrating with multiple regulated financial entities. It empowers over 1,300 enterprises with infrastructure in:
- KYC & data intelligence
- Payment processing
- AI-powered debt collection tools
Its solutions help NBFCs, banks, digital lenders, and commerce platforms with tasks like onboarding, credit operations, and compliance.
Annual Payment Volume: ₹40,000+ crore
Enterprise Clients: 1,300+
Recent Innovations
- Scanner:
A real-time profiling and risk evaluation engine for BFSI and e-commerce companies. - Neobot:
India’s first multilingual AI voice agent for automated debt recovery—a game-changer for the ₹10 lakh crore NPA segment.
“We are solving India’s invisible fintech infrastructure challenges with enterprise-grade tools,” said Rohit Taneja, Co-founder & CEO.
Why This Funding Round Matters
- Profitability Achieved: The raise follows Decentro reaching profitability—rare in the fintech infrastructure space.
- Strategic Focus: The funds will support:
- Scaling core product verticals
- Enhancing AI-powered risk and collection engines
- Deepening go-to-market efforts across India’s financial sector
Singapore to India: The Reverse Flip Trend
Decentro joins the growing list of Indian startups—including Razorpay—returning to India’s regulatory fold to enable IPO readiness and align with local compliance ecosystems.
“This flip is a strong statement of our commitment to India and belief in its capacity to build global fintech infrastructure,” said Pratik Daudkhane, Co-founder.
Why It’s a Big Deal
- “Invisible Infrastructure” Opportunity: Unlike B2C fintech, Decentro is focused on building the backend rails of India’s digital finance stack.
- Regulation-First Approach: Its architecture is optimized for India’s evolving financial norms—especially in credit, KYC, and collections.
- AI-Led Disruption: With Neobot and Scanner, the startup is applying AI where it matters most—NPAs and compliance.
