Founded in 2020 and based in Chennai, Uncia provides a cloud-based, configurable lending platform that lets financial institutions launch and manage complex lending products with reduced IT dependency and shorter implementation timelines. Its offering covers the full lending lifecycle—loan origination, loan management and supply chain finance—and is positioned as a self-serve infrastructure for banks and NBFCs. The platform manages more than Rs 2 lakh crore in cumulative loan value across its clients, including several of India’s largest lenders. Uncia has been developing AI models in collaboration with IIT Madras, with early deployments aimed at underwriting and improving operational efficiency. The company deliberately bootstrapped product development before taking institutional capital and has now raised $3 million from Pavestone to accelerate domestic growth and expand into MENA and North America.

Total raised

$3M

Funding rounds

1

Latest round

Equity

Latest activity

Mar 2026