Credit infrastructure fintech FinBox has raised $40 million in a Series B funding round, a mix of primary and secondary, led by WestBridge Capital with participation from existing backers A91 Partners and Aditya Birla Ventures.
The Bengaluru-headquartered company, founded in 2017 by Rajat Deshpande, Anant Deshpande, Nikhil Bhawsinka and Srijan Nagar, said the fresh capital will be deployed to accelerate technology investments, expand internationally, and deepen its product offerings across the lending value chain.
FinBox provides AI-driven credit intelligence and digital lending infrastructure to over 130 clients globally, including leading lenders such as HDFC Bank, Kotak Mahindra Bank, Tata Capital, Poonawalla Fincorp, Aditya Birla Capital, Muthoot Fincorp and others. Its platforms power loan origination, credit decisioning, fraud detection and embedded finance distribution.
The company’s Partnership Lending Stack Prism has processed over $9 billion in loan applications, while its proprietary AI Business Rules Engine Sentinel handles 50 million credit decisions monthly. Its data and API suite — including BankConnect, DeviceConnect and KYC APIs — enables lenders to onboard customers, underwrite loans, and manage risk more effectively.
“With the trust of our customers and the backing of our investors, we are committed to building a global-scale fintech infrastructure company made in India,” the founding team said in a joint statement. “Our mission is to empower lenders to source better, underwrite faster, fight fraud more effectively, and extend fairer, more accessible credit to millions.”
WestBridge partner Deepak Ramineedi said FinBox’s modular architecture and embedded applications make it well positioned to become an integral layer of India’s evolving digital credit ecosystem. Aryaman Vikram Birla of Aditya Birla Ventures and Kaushik Anand of A91 Partners also reaffirmed their support, citing FinBox’s role in building next-generation credit rails.
As digital lending surges in India, FinBox aims to expand its footprint beyond India and Southeast Asia, betting big on AI-native workflows and fraud intelligence solutions to meet global demand for modernized credit infrastructure.
Published on September 17, 2025