Fintech Startup Decentro Raises Rs 30 Cr In Series B Round

Fintech startup Decentro has raised Rs 30 Crore (around $3.5 Mn) in a Series B funding round led by InfoEdge Ventures.

Stargazer Growth, along with existing investors, including Uncorrelated Ventures, also participated in this round.

The startup will use the new funding to grow its enterprise customer base, improve its product, and boost trade and marketing efforts with financial institutions.

Read also- Zomato roll out EV rental fleet in Delhi to boost Green deliveries

With this new investment, the company says it has raised nearly $10 million in total funding so far.

“Our goal has always been to make financial & banking infrastructure simple, secure, and reliable at scale. This fund raise allows us to double down on what’s working well; deep partnerships with enterprise customers and building products that power mission-critical financial flows. India is where it all started, and we want to make this our long-term base with the eventual flip. We welcome InfoEdge Ventures as our first Indian venture lead and our latest backer & partner in this amazing journey,” said Rohit Taneja, Co-founder & CEO of Decentro.

“This flip is a strong statement of our commitment to India and our belief in its capacity to foster and scale global financial infrastructure companies. We are building not just for India, but from India for global opportunities,” said Pratik Daudkhane, Co-founder of Decentro.

About Decentro 

Founded in 2020 by Rohit Taneja and Pratik Daudkhane, Decentro is a full-stack API banking startup that helps companies choose the modules they need, test them in a sandbox, and launch products in just a few days.

Recently, it introduced two new products: Scanner, a tool for real-time user profiling and risk checks, and Neobot, a multilingual AI voice agent that automates debt collection. 

Startup Funding News: Your Gateway to Every Funding Update.

Latest Startup News: Stay updated with the latest startup news and trends. Your go-to source for startup ecosystem updates.

Startup Stories: Discover inspiring tales of startups overcoming challenges, and achieving success.