The Venture Codex

Participated · Series B · Mar 2026

Tazapay provides regulated last-mile payment infrastructure built on modern digital settlement rails to enable real-time, capital-efficient cross-border settlement for businesses. The platform targets enterprises, marketplaces, fintechs, neobanks, and web3 companies across high-growth corridors in Asia, LATAM, the Middle East, and the Americas. Tazapay holds licences and registrations across Singapore, Canada, Australia, and the United States and has active licensing applications in the UAE, EU, and Hong Kong. The company reports doubling revenues for three consecutive years and serves over 1,000 enterprises and fintechs across 30 countries, while stating it powers access across 70 markets globally. Future plans highlighted by the company include further licensing expansion, go-to-market acceleration in key corridors, and development of agentic payment infrastructure and a flexible rules engine to support autonomous, AI-driven payment flows.

Participated · Series B · Mar 2026

Plum operates an employee health benefits platform focused on improving the insurance claims experience and delivering employer healthcare services. The company automates claims processing—reporting that 78% of claims are resolved without human intervention—and has processed over 500,000 claims, while reducing median cashless hospital discharge times and accelerating reimbursement turnaround to 1.5 days. Plum contests denied claims and reports favorable outcomes in 88% of disputed cases, recovering over Rs 10 crore in the past year. It serves more than 6,000 organisations including large customers such as CRED, Meesho, PhonePe, Swiggy, Tata CLiQ, Urban Company, WeWork, and Zomato. Plum plans to use recent funding to expand talent and technology, scale AI-led claims operations, deepen HR and payroll integrations, and broaden offerings into preventive care, primary care, mental wellness, and telehealth. The company was founded in 2019 and reported its first full year of EBITDA and cash flow profitability ahead of this raise.

Participated · Series B · Aug 2025

TransBnk offers a single-window “common operating system” and foundational layer of microservices that enable use cases such as treasury, liquidity, escrow management, reconciliation, and API/SDK integrations. The platform integrates with multiple banks and enterprise stacks to consolidate transaction banking workflows across web, mobile, and developer interfaces. It works with 60 banks (40 fully integrated) and serves 220 customers — roughly 80% merchants (lenders, fintechs, NBFCs) and 20% banks white-labeling its software. Operationally, the company processes about 110 million transactions monthly, covers roughly 11,000 bank accounts, and leverages over 1,500 APIs. Financially, TransBnk says it grew revenue more than 12x to around $12 million ARR, turned profitable after taxes in February, and reports healthy gross margins of about 80%. The startup plans to use capital to continue building its infrastructure platform layer, expand beyond India into Southeast Asia and the Middle East, and extend its product reach into sectors such as real estate, pharma, and renewable energy. TransBnk offers a transaction banking platform that enables corporates, commercial and institutional clients to execute agile, secure transactions via embedded finance and SaaS. The company launched in 2022 and is led by CEO Vaibhav Tambe. In 20 months it has partnered with over 25 banks, exposed more than 200 APIs, and serves roughly 100 BFSI clients. The platform has supported over 5,000 accounts including escrows and processed more than 50 million transactions. Its customers include NBFCs, microfinance institutions, banks and fintechs using the platform for treasury management, co-lending, supply chain finance and cash-flow based lending. TransBnk plans to expand its network of banking partners and pursue global expansion focusing on the Middle East and Southeast Asia. TransBnk provides a programmable transaction banking platform that empowers banks, lenders and other financial ecosystem players to manage multi-party transactions compliantly. Its technology has been embraced by banks and lenders to manage capital flows for use cases such as co-lending and lease rental discounting. The company has established partnerships with more than 10 private banks and has served over 50 corporate, institutional and fintech clients. Founded in 2022 and led by CEO Vaibhav Tambe, TransBnk plans to use its recent funding to bolster product and technical teams, enhance its tech stack, and expand its product line. The startup raised $1M in Seed funding to support these growth and product initiatives.

Participated · Series C · Aug 2025

Founded in May 2020 and headquartered in Minato, Tokyo, TRUSTART develops and provides R.E.DATA, a real-estate big-data platform that aggregates property and owner information. R.E.DATA holds over 900 million data items and the company reports about 700 corporate customers. TRUSTART positions itself to solve information fragmentation across the real-estate industry by expanding data types and providing AI-powered analytics and prediction features. The company expects 2025 revenue to exceed its 2023 annual sales by more than fourfold. TRUSTART plans to expand into corporate, human-flow, and financial data, strengthen platform capabilities, and is considering M&A as part of growth. Use of new funds will prioritize hires (sales, engineers, new-business leaders), system development, and marketing to accelerate the platform and broaden customer reach. TRUSTART collects diverse, timely real-estate data across Japan and packages it into the R.E.DATA Plus SaaS to support direct customer acquisition and profiling for real-estate, finance, and infrastructure clients. R.E.DATA Plus aggregates property movement and building information and enables users to filter by criteria such as inheritance/sale records, land area, use zone, nearest public price, nearest station and walking distance, condominium name, and construction year. The company recently updated R.E.DATA Plus to improve user experience and is developing access to its full dataset along with new data and features. TRUSTART says it will use the funds to expand into the large real-estate big-data market and accelerate product development. To support growth it is actively hiring across engineering, solution sales, corporate sales, and data operations roles. Cumulatively the company has raised about ¥800 million since founding.

Led · Series A · Aug 2025

DPDzero is a debt collections platform that combines behavioural data, AI agents, and human operations to deliver improved collection outcomes. The company plans to develop a multi-lingual AI collection agent and launch a network of professional field collection agents to strengthen collections infrastructure. It serves as a collections partner for fintechs and NBFCs including Tata Capital, Moneyview, L&T Finance, and Manappuram Finance, and expects to onboard India's large banks shortly. DPDzero said its revenue has grown six times in the past 18 months. Founder and CEO Ananth Shroff has framed the business as a reinvention of collections with higher tech and ethics. Founded in 2022 by Ananth Shroff and Ranjith Ramachandra, DPDzero offers a repayments stack that helps lenders scale their collections with zero effort. The startup provides automation modules to analyze borrowers’ repayment behavior and to segment borrowers by risk, enabling multi-channel engagement to drive collections. Its product targets banks, fintechs, NBFCs, and MFIs and supports recovery across various loan products. DPDzero reports significant revenue growth from its AI-powered collections and debt recovery platform. The company has partnered with NBFCs and lenders including Tata Capital, Cashe, Lazypay, KreditBee, and Snapmint and has drawn interest from top private banks. It plans to use the new funding for product development, distribution, and hiring talent. DPDzero is a fintech startup that builds automation and infrastructure to help lenders run lending operations without building non-scalable internal tools. The company plans to make its technology accessible to all cohorts of lenders so they can focus on acquiring new borrowers rather than spending engineering bandwidth on operations. Founded by Ananth Shroff (CEO) and Ranjith B R — both part of the founding team of fintech API platform Setu — the firm launched in March this year to address limited formal credit access in India. DPDzero aims to boost formal credit penetration by partnering with lenders to lower operating costs via automation. The startup says the new funding will accelerate those product and go-to-market efforts. Financially, DPDzero has closed its first round of financing to support these objectives.