Rezolv, an AI-native lending technology platform for financial services, has raised $12.5 million in a Series A funding round led by Norwest, with participation from Vertex Ventures Southeast Asia and India and existing investor 3one4 Capital. Prior to this, the Mumbai-based firm had raised$3.5 millionin a seed round led by 3one4 Capital in March last year. The company will deploy the fresh capital to strengthen its core AI capabilities across the lending suite, including sales, risk, underwriting and collections, Rezolv said in a press release. Co-founded in October 2024 by Karan Mehta and Sonali Jindal, who were also the co-founders of digital lending startup Kissht, Rezolv is a lending-tech platform that enables lenders to automate, streamline and optimise their lending workflows. From welcome calling and pre-delinquency to write-offs, the platform leverages advanced analytics, automation and digital engagement to drive efficiencies while improving customer experience. Rezolv serves banks and NBFCs through a debt-collection platform powered by AI, combining lending and collections expertise with an AI-first technology stack. The startup aims to build end-to-end automation for lending workflows. Since its inception, Rezolv claims to have partnered with over 22 banks and NBFCs, including AU Small Finance Bank, ICICI Bank, Poonawalla Fincorp, Bajaj Auto Credit and Five-Star Business Finance. It powers 6.5 million minutes of borrower conversations every month, enabling pan-India collections across more than 12 million loan accounts. The company claims its platform has helped improve bounce and resolution rates by 35%. Rezolv competes with players such as Credgenics, Nucleus Software, and Mobicule in the AI-powered lending and debt collections space. According to data compiled by Entrackr, fintech startups raised nearly $2 billion in H1 2026, accounting for 26% of the total funding raised. Bareback Media has recently raised funding from a group of investors. Some of the investors may directly or indirectly be involved in a competing business or might be associated with other companies we might write about. This shall, however, not influence our reporting or coverage in any manner whatsoever. You may find a list of our investorshere.
