Bengaluru based fintech startup Decentro has raised approximately $3.5 million (INR 30 crore) in its latest Series B funding round.
The investment was led by InfoEdge Ventures, with additional support from Stargazer Growth a fund backed by Groww CEO Lalit Keshre and existing investor Uncorrelated Ventures.
Founded in 2020 by Rohit Taneja and Pratik Daudkhane, Decentro specializes in building API based infrastructure that enables banks, fintech companies, and digital lenders to effortlessly integrate services such as KYC verification, payments, debt collection, and account validation.
Currently used by over 1,300 organizations, Decentro’s platform plays a critical role in powering India’s rapidly evolving embedded finance ecosystem.
Strategic Use of Funds
With this new capital, Decentro aims to:
Enhance the technical capabilities of its platform
Expand partnerships with large enterprise clients
Strengthen sales and marketing operations
CEO Rohit Taneja shared his vision, stating:
“We’re committed to building secure and scalable financial infrastructure. This funding helps us double down on what’s working and go further, faster.”
Preparing for a Strategic Relocation
As part of its long-term vision, Decentro announced plans to relocate its parent entity from Singapore back to India within the next 12 to 18 months.
This “reverse flip” reflects a broader trend among Indian startups choosing to realign with domestic regulations and capitalize on the country’s growing fintech market.
AI-Powered Tools Drive Next Phase of Growth
In addition to funding, Decentro is also ramping up innovation with two new product launches:
Scanner A real-time risk assessment and user profiling engine
Neobot A multilingual AI voice assistant designed to automate debt recovery
These tools are aimed at making financial operations faster, smarter, and more customer-centric.
Final Thoughts
Decentro’s latest funding round positions it well to scale operations and deepen its presence in India’s financial ecosystem.
With a strong enterprise base, innovative product lineup, and plans to re anchor in India, the company is paving the way for the next generation of API-led fintech solutions.
