Modernizing digital lending networks for the next billion Indians secured through a $40 million investment by FinBox.
FinBox Raises $40 Million in Series B Funding
FinBox, a credit infrastructure fintech startup based in India, has successfully secured $40 million in a Series B funding round. The funding round was led by WestBridge Capital, with participation from A91 Partners and Aditya Birla Ventures.
Founded in 2017 by Rajat, Anant, Nikhi, and Srijan, FinBox aims to create sustainable, world-class financial infrastructure from India for the world. The startup has established itself as a product-first platform addressing critical gaps in India's credit ecosystem.
FinBox continues to help lenders manage risk with its data & API suite - BankConnect, DeviceConnect, and KYC APIs. The startup's mission is to empower lenders to source better, underwrite faster, fight fraud more effectively, and extend fairer, more accessible credit to millions.
The funding round's lead, Deepak Ramineedi from WestBridge Capital, expressed his confidence in FinBox's potential growth. WestBridge Capital believes FinBox is well-positioned towards becoming an integral layer of India's evolving digital credit infrastructure.
The startup plans to use the fresh capital to accelerate investments in technology. FinBox intends to use the funds for international expansion and deepening its product offerings. One of the areas of focus is the development of a fraud intelligence suite.
Another key area of expansion is the development of FinBox's AI-native digital lending platform, Sentinel BRE & Partnership Lending Stack (Prism). The startup also plans to continue deepening its digital lending stack, launch new products, and expand internationally.
In addition, FinBox is developing plans to expand its portfolio of solutions to build agentic AI workflows. The company's modular architecture, data intelligence, and embedded applications create a strong foundation for scalable digital lending.
The funding marks an important milestone in FinBox's journey to redefine credit infrastructure and intelligence for the next decade. WestBridge Capital is excited to partner with FinBox in its next phase of growth.
As FinBox continues to grow and expand, it remains committed to its mission of creating a sustainable, world-class financial infrastructure that benefits both lenders and borrowers alike.
