Founded in 2024 by Utkrishta Kumar (formerly chief experience officer at Meesho), Oolka builds an agentic AI platform that both diagnoses a user’s financial situation and, with consent, takes personalised actions on their behalf. Its multi-agent system monitors repayment schedules, spending patterns and credit utilisation to nudge users toward better habits, automate timely payments, and optimise credit card use. The company is developing what it calls India’s first AI-native consumer app for credit and focuses on hyper-personalised user experiences. Oolka is targeting younger borrowers—Gen Z and millennials—who account for a large share of active credit-score trackers in India. Financially, this funding round follows a $7 million seed raised from Lightspeed, Z47, 8i Ventures and angel investors.

Total raised

$21M

Funding rounds

2

Latest round

Series A

Latest activity

Jun 2026