Norwest Venture PartnersVertex Ventures Southeast AsiaVertex Ventures India3one4 Capital
Description
Rezolv has raised $12.5 million in a round led by Norwest, with participation from Vertex Ventures Southeast Asia and 3one4 Capital. The Mumbai-based lending technology startup aims to extend its AI capabilities beyond debt collection. Founded in 2024 by ex-Kissht cofounders, the company plans to use the funds to expand its services. Existing investors are also participating in this funding round.
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Company Information
Company
Rezolv
Location
Mumbai, Maharashtra, India
About
Rezolv is an AI-native lending technology platform founded in Mumbai in 2024 that provides end-to-end workflow automation and collections intelligence for lenders. The platform serves over 22 banks and NBFCs including ICICI Bank and AU Small Finance Bank, handling 6.5 million minutes of borrower conversations monthly across 12+ million loan accounts. It covers the full lending lifecycle from sales and underwriting through collections and recovery using AI agents, with a focus on measurable business outcomes and regulatory compliance. The company was co-founded by Karan Mehta and Sonali Jindal, previously founders of consumer lending firm Kissht.
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MumbaiFinancial ServicesArtificial IntelligenceFintechLendingAnalytics