Bengaluru-based fintech startup Decentro has raised ₹30 crore (around $3.5 million) in its Series B funding round led by InfoEdge Ventures, with participation from Stargazer Growth, backed by Groww CEO Lalit Keshre, and existing investor Uncorrelated Ventures. Founded in 2020 by Rohit Taneja and Pratik Daudkhane, Decentro has rapidly emerged as a leader among fintech startups, offering a comprehensive API banking platform that powers over 1,300 businesses, including major banks, NBFCs, digital lenders, and fintech companies such as CRED, MakeMyTrip, Meesho, MoneyTap, and AU Small Finance Bank. The startup, which is Y Combinator-backed, is also planning to shift its headquarters from Singapore to India within the next 12 to 18 months, underscoring its commitment to the Indian fintech ecosystem.
Decentro’s API-led infrastructure enables seamless integration for financial institutions, allowing them to launch new services with plug-and-play modules in a matter of days. The platform covers a wide spectrum of solutions, including consumer and business verification, payment collections and disbursals, KYC, data intelligence, and AI-powered debt recovery.
Rohit Taneja, Co-founder and CEO, stated that the fundraise will allow Decentro to double down on building deep partnerships with enterprise customers and powering mission-critical financial flows. As the fintech landscape in India continues to evolve, Decentro’s scalable business model and innovative solutions position it as a key player among top fintech startups, driving digital transformation and financial inclusion across the country.
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The fresh capital from this funding round will be deployed to deepen enterprise adoption, scale product capabilities, and expand go-to-market initiatives across financial institutions, including banks, NBFCs, and fintech platforms. Decentro’s vision is to become India’s operating system for financial infrastructure, making banking and financial services simple, secure, and reliable at scale.
