Rezolv AI | $12.5M (Series A)

Founders: Karan Mehta, Sonali Jindal

Founded: October 2024

HQ: Mumbai

Sector: FinTech / AI Lending Infrastructure

What they do

→ AI-native platform for banks and NBFCs

→ Automates sales, risk assessment, underwriting, loan servicing and collections

→ Deep focus on debt collection — pre-delinquency to legal recovery

→ AI voice agents operating across 11 Indian languages

The Funding

→ Raised $12.5M

→ Series A led by Norwest

→ Participation from Vertex Ventures SE Asia & India, 3one4 Capital (existing)

→ Values the company at ~$51.2M

Why it matters

→ Founders bring nine years of Kissht lending expertise into an AI-native build

→ Already live with 22+ banks and NBFCs including ICICI Bank, AU Small Finance Bank

→ Debt collection is one of the most manual, high-friction parts of lending — ripe for AI

→ Signals investor appetite shifting from "AI adoption" to measurable business outcomes

Can AI really be trusted with debt recovery?