Credfix, an AI-first platform empowering financially distressed borrowers to regain control of their financial future, has raised Rs 16.1 crore in a seed funding round led by Tanglin Venture Partners, with participation from Stargazer.
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The startup will use the fresh capital to accelerate product innovation, strengthen proprietary AI capabilities, expand its nationwide borrower support ecosystem, and scale its mission of making the path out of debt more transparent, accessible and humane.
Before this round, it raised Rs 4.5 crore from K2 Capital, Invstt Trust and a group of prominent angel investors.
Founded in 2025 by Ranjan Agarwal, Neeraj Kulkarni and Ayush Kedia, Credfix is an AI-powered financial recovery platform that helps borrowers understand their debt, explore their options and navigate lender interactions through debt assessment, loan resolution, loan consolidation and AI-powered legal guidance.
The startup claims it serves more than 2 lakh borrowers.
Credfix’s platform includes three AI-based tools. Risi is a financial assistant designed to help borrowers understand their debt and identify possible resolution options. Neytra, described as an AI Call Shield, helps users manage recovery-related calls, generates call summaries and documents potential issues related to collection practices.
Its AI Legal Assistant is designed to help borrowers understand legal notices, prepare draft responses for review and identify possible next steps.
Ranjan Agarwal, Co-founder, Credfix, said, “Financial distress is often accompanied by confusion, anxiety and a lack of trustworthy guidance. We believe borrowers deserve better. At Credfix, we are using artificial intelligence to simplify one of the most complex financial experiences, empowering individuals with clarity, confidence and actionable solutions. This investment marks an important milestone in our journey and will help us build technology that supports millions of borrowers in navigating debt with greater transparency and dignity.”
“India has built remarkable infrastructure to distribute credit, but very few solutions to help borrowers when repayment gets hard. That gap is a large, unaddressed problem, and it’s growing as millions of young borrowers enter the system. Credfix is built on a simple but powerful insight: borrowers who are supported and guided effectively are more likely to repay. This creates lasting value for everyone in the credit ecosystem. The early traction shows how strong the demand is, and we’re excited to back the team as they scale,” said Shashank Sabesan, Principal, Tanglin Venture Partners.
“Resolving a loan typically involves multiple disconnected interactions across lenders, recovery agencies and legal processes. Our vision is to unify this fragmented journey through AI, enabling borrowers to access timely, personalised and actionable support on a single platform. We are building technology that makes financial recovery simpler, faster and significantly less stressful,” said Neeraj Kulkarni, Co-founder, Credfix.
