Rezolv Raises $12.5M Series A

Rezolv, a Mumbai-based software company that utilizes AI to automate debt collection and the lending lifecycle for financial institutions, has raised $12.5 million in a Series A funding round. This latest investment brings the company total funding to date to $16 million.

Investors

The round was led by Norwest, a U.S. venture and growth-equity firm. Additional participating investors include Vertex Ventures Southeast Asia and India and existing investor 3one4 Capital.

Rezolv Use of Funds

Rezolv intends to use the raised capital to strengthen its AI tools across the entire lending process, including sales, risk, underwriting, and collections. Furthermore, the company plans to utilize the funds to support its expansion into global markets outside of India.

About Rezolv

Founded in 2024 by Karan Mehta and Sonali Jindal, former co-founders of the digital-lending firm Kissht, Rezolv provides an AI-powered platform for banks and non-banking financial companies to manage debt collection processes. The platform helps clients quantify outcomes such as recovery rates, operational costs, and productivity, with tools like Strategy Builder improving collection and resolution rates by 35 percent.

Funding Details

Company Website: https://rezolv.com

Company: Rezolv
Raised: $12.5M
Round: Series A
Funding Date: August 18, 2026
Lead Investor: Norwest
Additional Investors: Vertex Ventures Southeast Asia and India, 3one4 Capital
Software Category: FinTech, AI
Source: https://technode.global/2026/08/18/indias-software-firm-rezolv-raises-12-5m-series-a-led-by-norwest-for-ai-lending-platform/