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Funding · Financial Services

Rezolv raises $12.5M Series A led by Norwest

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Rezolv logo
Date
Company
Rezolv
What it does
AI-native lending tech platform
Kind
Funding
Amount
$12.5M
Stage
Series A
Based in
Mumbai
Founded
2024
Sector
Financial Services

What they do

Rezolv provides an AI-native lending tech platform for banks and NBFCs

What happened

It raised a $12.5M Series A round led by Norwest, with Vertex Ventures and 3one4 Capital

Why it matters

The company manages over 12 million loan accounts and handles 6.5 million borrower conversation minutes monthly

The details

  • Rezolv raised $12.5M in Series A funding on 18 August 2026.
  • The round was led by Norwest, with participation from Vertex Ventures Southeast Asia and India.
  • Existing investor 3one4 Capital also participated in the round.
  • The company plans to use the funds to strengthen AI capabilities across sales, risk, underwriting, and collections.
  • It also aims to automate lending workflows and expand globally.
  • Rezolv previously raised a $3.5M seed round from 3one4 Capital in March 2025.
  • Total funding raised to date is $16M (seed plus Series A).

The bigger picture

  • Fintech startups raised about $2 billion in the first half of 2026, accounting for 26% of total startup funding in India.
  • Rezolv's valuation has increased roughly 4 times since its seed round.
  • The company's annualised revenue run rate is approximately ₹30 crore.
  • Competitors in the space include Credgenics, Nucleus Software, and Mobicule.

About the business

  • Rezolv is an AI-native lending tech platform for banks and NBFCs (non-banking financial companies).
  • Its platform covers debt collection, sales, risk, underwriting, customer engagement, field operations, legal, and recoveries.
  • It uses AI voice agents that support 11 Indian languages for sales, welcome calls, support, and collections.
  • The company has over 22 bank and NBFC partners.
  • It manages over 12 million loan accounts and handles 6.5 million borrower conversation minutes per month.
  • Its Strategy Builder tool has improved bounce and resolution rates by 35%.

What happens next

  • Strengthen AI capabilities across sales, risk, underwriting, and collections.
  • Automate lending workflows.
  • Expand globally and become an AI-native operating system for lenders.

The deal

Type
Series A

Investors

  • Norwest (lead) — A global venture capital firm; Niren Shah is Managing Director & Head of Norwest India.
  • Vertex Ventures Southeast Asia and India (participant) — A venture capital firm focused on Southeast Asia and India; Ben Mathias is Managing Partner.
  • 3one4 Capital (existing investor) — An Indian venture capital firm; Akshay Sharma is Principal, Investments.

Founders

  • Karan Mehta, Co-founder
  • Sonali Jindal, Co-founder

About Rezolv

Product
AI-powered lending technology that automates sales, underwriting, risk, and collections workflows.
Customers
Banks, NBFCs, and other lenders.
How it makes money
Sells enterprise software for lending operations and debt collection automation.
What sets it apart
Uses AI voice agents and analytics across the lending lifecycle, including 11 Indian languages.
Operations
Based in Mumbai and founded by former Kissht co-founders.

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