Participated · Seed · Jul 2026

Spense provides a bank-native platform that connects core banking systems, deposit systems, and card management systems in real time to enable financial institutions to launch modern credit products faster. Its platform is powered by AI and uses agentic/autonomous agents to automate workflows for onboarding, servicing, collections, and customer support. This automation aims to handle operational complexity that has traditionally required large operations teams for secured credit products. Spense was co-founded in 2022 by Pawan Kumar and Srinivas Krishnamurthy. The company plans to use its seed funding to deepen banking partnerships, accelerate product development, expand engineering and go-to-market teams, and launch Credit Line on UPI (CLOU). The platform allows banks to offer secured credit products backed by customer assets without replacing existing technology stacks.

Led · Series A · May 2026

Navanc builds explainable AI infrastructure for home loans, loan-against-property (LAP), and secured MSME credit products, automating property diligence, valuation workflows, and portfolio monitoring. The company serves banks, NBFCs, housing finance companies, and other lenders across India. Founded by Nagachethan SM and Byom Kesh Jha and based in Bengaluru, Navanc positions itself as an AI-first provider for intelligent property-risk assessment and underwriting. Following the ₹10.5 crore Pre-Series A, the firm plans to accelerate product development, expand its presence across the secured credit ecosystem, and hire top-tier talent across functions.

Participated · Equity · Jan 2026

Mylapay is a Chennai-based startup that builds core payment processing systems covering 3-D Secure authorisation, switching, clearing and settlement, and reconciliation. The company’s platform, certified by Visa, Mastercard, and RuPay, recently launched as a unified acquiring solution enabling banks and payment aggregators to handle both card and UPI transactions via a single integration. Engineered to process more than 5,000 transactions per second, the system emphasizes compliance-led, modular design. Founder Mohanraj Ravi plans to use new capital to fortify the payment infrastructure, expand the product stack, and deepen integrations with banks and payment aggregators. Future growth initiatives include international expansion across the Middle East, Africa, and the United States. Financially, the firm had previously attracted $550,000 in seed funding and has now added $1 million in fresh capital as it gears up for a full Series A later this year.

Participated · Seed · Oct 2025

TrusTerra operates an AI-driven platform that allows customers, dealers, and financiers to buy and sell used electric vehicles with verified battery scores and instant financing tools. Its flagship TruEV Score™ assesses battery health, while TerraCash™ and TerraBid™ add financing and auction functionality to improve trust and liquidity. Since launching this year, the company has onboarded more than 150 dealers, evaluated over 2,000 used EVs, and facilitated transactions exceeding ₹3 crore. Early pilots of TruEV Score™ with OEMs, NBFCs, and fleet operators have attracted strong interest from lenders and manufacturers. Fresh capital will fund the scaling of TruEV Score, expansion of the web and mobile marketplace into India’s leading EV adoption hubs and Tier-2 cities, and the recruitment of senior talent across technology, operations, and business development. TrusTerra ultimately aims to certify 20,000 used EVs across 20+ cities, building the resale backbone of India’s EV revolution.

Led · Seed · Jan 2025

RePut.ai, legally ReputeOne Digital Private Limited, builds AI- and blockchain-powered supply-chain management tools offering real-time analytics, supplier tracking, carbon emissions monitoring and a verified recycling network. The company positions its product at the intersection of sustainability and profitability for enterprise customers. RePut.ai emerged from stealth after being founded in April 2024 by Anuj Bishnoi, Rohit Mahatma, and Amit Bishnoi and is headquartered in Bengaluru, India. It plans to use the newly raised capital to enhance its technology stack, expand its global footprint, and hire additional talent. The company’s software is categorized in supply chain management and is accessible via reput.ai. No operating metrics (revenue/users) were disclosed in the articles.