Fundz

Fintech startup Pelocal secures $5 Mn in Series A funding.

PRIVATESep 16, 2025

Amount Raised

$5 Million

Round Type

Series A

ChennaiFinancial ServicesFinanceFintech

Investors

Unicorn India VenturesUnleash Capital Partners

Description

Pelocal, a fintech startup, has successfully secured $5 million in a Series A funding round. This investment will help the company expand its product offerings and enhance its market presence. The round was led by prominent investors in the fintech sector. Pelocal aims to revolutionize financial services for its users.

Quick answer

Pelocal raised $5 Million in a Series A round, dated September 16, 2025. Investors: Unicorn India Ventures and Unleash Capital Partners. Pelocal is based in Chennai, Tamil Nadu, India.

How much did Pelocal raise?
Pelocal raised $5 Million in a Series A round on September 16, 2025.
Who invested in Pelocal?
Unicorn India Ventures and Unleash Capital Partners are named as investors in this round.
What does Pelocal do?
Pelocal, co-founded in 2021 by Vivekanand Tripathi and Vikas Garg, is an AI-powered payments orchestration platform that enables large enterprises to acquire, engage, and collect from customers seamlessly within..
Where is Pelocal based and how big is it?
Pelocal is based in Chennai, Tamil Nadu, India. Fundz records about 80 employees.
Who are the decision-makers at Pelocal?
Fundz holds 1 contact at Pelocal. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Finance around the same time

Companies in the same sectors as Pelocal that raised within 45 days of this round, from Fundz verified event records.

  • Vijya Fintech raised $1.4M (Seed) on October 31, 2025.
  • Lettuce Financial raised $28M (Series A) on October 31, 2025.
  • Jupiter raised $13M (Funding Round) on October 31, 2025.
  • Loon raised $2.4M (Pre-Seed) on October 27, 2025.
  • Paygentic raised $2M (Pre-Seed) on October 23, 2025.
  • Brico raised $14M (Series A) on October 23, 2025.

Who to call at Pelocal, and when

A new round usually means Pelocal is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Pelocal raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Pelocal, from your own LinkedIn network

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Company Information

Company

Pelocal

Location

3 Street

Chennai, Tamil Nadu, India

About

Pelocal, co-founded in 2021 by Vivekanand Tripathi and Vikas Garg, is an AI-powered payments orchestration platform that enables large enterprises to acquire, engage, and collect from customers seamlessly within WhatsApp. Leveraging the OTT chat platform with over 700 million active users in India, Pelocal powers use cases such as ticketing, collections, customer acquisition, and servicing by embedding payments directly into WhatsApp conversations. The company is also building technology infrastructure products for BFSI enterprises.

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Fundz sees it the moment Pelocal raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Pelocal raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.