Decentro raises $3.6m Series B to deepen enterprise reach, flip back to India

By Puja Sharma

The infra player eyes AI-led growth in KYC, Payments & Debt Collections; Plans return to Indian domicile

In a strategic move that signals the maturation of India’s FinTech ecosystem, Decentro, the API banking platform powering over $6 billion (₹50,000 crore) in annual payment volumes, has closed a $3.6 million (₹30 crore) Series B funding round. The company also announced it will shift its parent entity from Singapore back to India over the next 12–18 months.

The raise comes as Decentro achieves profitability, scaling to over 1,300 enterprise clients across NBFCs, FinTechs, digital lenders, and banks — all while maintaining strong unit economics.

The round was led by InfoEdge Ventures, with participation from Stargazer Growth (backed by Groww CEO Lalit Keshre) and existing investors like Uncorrelated Ventures. The capital will fuel deeper enterprise adoption, product enhancements, and go-to-market expansion.

Decentro’s API stack supports:

• KYC & Data Intelligence — Alternative data-powered identity verification for BFSI, FinTech, and commerce
• Payments — Scalable, secure payment infrastructure for collections and payouts
• Debt Collections — AI-driven automation and multilingual voice bots for recovery

Key AI-led products include:

• Scanner – Real-time profiling and risk engine
• Neobot – India’s first multilingual AI voice agent for automated debt recovery (tackling the $120B NPA problem)

Decentro’s India flip echoes a wider trend as maturing FinTechs choose to domicile in India to benefit from supportive regulations and domestic investor confidence. “India is where it all started, and we want to make this our long-term base,” said Rohit Taneja, Co-founder & CEO.

With solid fundamentals and AI-driven infra offerings, Decentro is building the invisible rails powering India’s—and potentially the world’s—financial backbone.