Fintech startup Decentro raises Rs 30 cr in series B round led by InfoEdge Ventures, others

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Bengaluru-based API banking platform Decentro has raised Rs 30 crore in a series B round led by InfoEdge Ventures, with participation from Stargazer Growth (backed by Groww CEO Lalit Keshre) and existing investors, including Uncorrelated Ventures.

The Y-Combinator-backed firm is also moving its headquarter from Singapore to India, and the process is estimated to be completed within the next 12 months.

The fresh capital will be used to deepen enterprise adoption, enhance product capabilities, and expand overall trade and marketing (GTM) initiatives across financial institutions, including banks, non-banking financial companies (NBFCs), fintech platforms, and digital lenders.

“Our goal has always been to make financial and banking infrastructure simple, secure, and reliable at scale,” said Rohit Taneja, Co-founder and CEO of Decentro. “This fundraise allows us to double down on what’s working well — deep partnerships with enterprise customers and building products that power mission-critical financial flows."

Founded in 2020 by  Taneja and Pratik Daudkhane, Decentro offers payment aggregator, KYC, data intelligence, and debt collection services to enterprises, including banks, NBFCs, and other companies. It claims to power over 1,300 platforms and firms, such as CRED, MakeMyTrip, Meesho, MoneyTap, and AU Small Finance Bank, among others.

Its other investors include Rapyd Ventures and Soma Capital. It recently launched Scanner — a real-time user profiling and risk assessment engine for BFSI, e-commerce  and other verticals.