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Karan Mehta, CTO, and Sonali Jindal, COO, two of the four co-founders of Kissht, have left their roles to launch a new company called Rezolv. Rezolv is an AI-powered debt resolution platform for banks and non-banking financial companies (NBFCs).
The startup went live in January with its first two NBFC clients and has raised $3.5 million seed funding, led by 3one4 Capital.
Akshay Sharma, VP, Investments, 3one4 Capital said, "Sonali and Karan’s sharp execution and deep understanding of the space make them the ideal team to drive this transformation, and we’re excited to partner with them as they scale Rezolv,".
Rezolv, based in Mumbai, has entered the fast-growing debt-resolution market. Companies like Credgenics, Spocto, and Creditas focus on helping lenders, while others like Freed cater to borrowers.
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About Rezolv
Rezolv is an AI-powered platform that helps financial institutions improve their debt collection processes. It uses advanced analytics, AI, and Generative AI to make every step of debt recovery more efficient and effective.
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