Image Source: BW Disrupt
Fintech infrastructure startup Decentro has secured Rs 30 crore in Series B funding, led by InfoEdge Ventures, with support from Stargazer Growth and Uncorrelated Ventures. Alongside this investment, Decentro announced it will shift its parent company’s domicile from Singapore to India within the next 12 to 18 months, joining a growing list of Indian startups returning home as regulatory clarity and IPO ambitions rise.
Key Highlights:
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Decentro will use the new funds to boost enterprise adoption, expand product capabilities, and strengthen its presence with banks, NBFCs, fintechs, and digital lenders.
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The company, founded in 2020 by Rohit Taneja and Pratik Daudkhane, offers API-based solutions for KYC, payments, data intelligence, and AI-powered debt collections.
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Decentro claims to process over Rs 50,000 crore in payments annually for more than 1,300 enterprise clients, including major banks and financial institutions.
Recent product launches include Scanner, a real-time risk assessment engine, and Neobot, a multilingual AI voice agent for automated debt collections—both aimed at tackling challenges like India’s large NPA pool.
The move to India is part of a broader trend, following similar “reverse flips” by fintechs like Razorpay and Groww, as new rules make it easier for startups to merge foreign entities with Indian subsidiaries.
Despite a recent financial year loss due to heavy investment in expansion, Decentro’s revenues grew by 47% to Rs 17.7 crore, signaling strong market traction.
Co-founders say the shift reflects their commitment to India as a base for building global financial infrastructure.
Source: Economic Times, Business Outreach, Entrackr, Indian Startup News, Entrepreneur India, BW Disrupt
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