Funding · Financial Services

Bachatt raises $12M Series A to scale AI-led savings and build wealth/credit solutions

By Startup Enthusiast · 31 March 2026

Date: 31 March 2026
Company: Bachatt
What it does: AI-driven financial platform for India's merchants and self-employed
Kind: Funding
Amount: $12M
Stage: Series A
Based in: Delhi
Founded: 2025
Sector: Financial Services

What they do

Bachatt is an AI-driven financial platform offering savings, wealth, and credit solutions tailored for India's 300 million merchants and self-employed…

What happened

The $12 million Series A funding will be used to scale its savings product and develop new AI-powered wealth and credit services for its growing user base

Why it matters

Bachatt's platform allows users to start investing with as little as ₹100 in debt mutual funds, and it has already processed over 2 million transactions in…

The details

Bachatt, an AI-driven financial platform, raised $12 million in a Series A funding round led by Accel, with participation from existing investors Lightspeed and Info Edge Ventures.
The company aims to scale its savings solution and build new AI-powered wealth and credit services for its growing user base of India's merchants and self-employed individuals.
Bachatt's flagship product allows users to invest as little as ₹100 in debt mutual funds, with features like pause, top-ups, weekend savings, and instant withdrawals.
The platform has processed over 2 million mutual fund transactions in February 2026, indicating strong user engagement.
Bachatt plans to expand into AI-led wealth advisory and credit solutions, targeting a user base of 30 million within 12–24 months.

The bigger picture

India's fintech sector is growing rapidly, with the market projected to reach over $180 billion by 2035.
The micro, small, and medium enterprises (MSMEs) segment, which contributes about 30% to India's GDP, faces a significant credit gap of ₹20–25 trillion.
Bachatt's AI-first approach is designed to overcome barriers like limited access, complicated processes, and low trust in financial services for India's underserved merchant and self-employed population.
The company's focus on AI-powered wealth and credit solutions aligns with the growing trend of wealthtech innovation and embedded finance in India.

About the business

Bachatt provides a range of financial products, including Insta Fund (a liquid debt mutual fund), gold and silver ETF-based investments, and personal and business loans.
Users can start investing with as little as ₹100, and the platform offers features like daily, weekly, or monthly SIPs, instant withdrawals, and no lock-in periods.
Bachatt partners with asset management companies (AMCs) like SBI Mutual Funds, ICICI Prudential, and Axis AMC to offer SEBI-regulated mutual fund schemes.
The platform also offers credit solutions through partnerships with RBI-regulated lending institutions, allowing users to access loans up to ₹5 lakh.
Bachatt's services are designed for users with variable cash flows, such as kirana shopkeepers, jewellery retailers, and automobile dealers, who often lack access to traditional financial products.

What happens next

Bachatt plans to scale its user base to 30 million within 12–24 months.
The company aims to expand its AI-led wealth and credit solutions to better serve India's non-salaried population.

The deal

Type: funding

Investors

Accel (lead) — A global venture capital firm with a strong focus on early-stage startups in the fintech and tech sectors.
Lightspeed (existing) — A venture capital firm with a focus on early-stage startups in India and the US.
Info Edge Ventures (existing) — A venture capital arm of Info Edge, which also owns Naukri.com, focusing on early-stage investments in India.

Founders

Anugrah Jain, Founder and CEO
Ankur Jhavery, Co-founder
Mayank Agarwal, Co-founder

About Bachatt

Product: launched fintech startup
Customers: Merchants and self-employed individuals without fixed salaries
How it makes money: Earns from financial product distribution and related fees on savings and wealth products
What sets it apart: Tailors savings and wealth tools for non-salaried users, with AI-led wealth and credit products

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