FinBox, a credit infrastructure fintech, has raised $40 million in its Series B funding round led by WestBridge Capital, with participation from existing investors, A91 Partners and Aditya Birla Ventures.
The round included both primary and secondary capital.
The fresh capital will be used to accelerate investments in technology, fuel international expansion, and deepen its product offerings. The company also aims to extend its leadership in embedded finance while pioneering new applications of AI and alternative data in credit decisioning.
Founded in 2015 by Srijan Nagar, Nikhil Bhawsinka, Anant Deshpande and Rajat Deshpande, FinBox offers a product suite and credit infrastructure for businesses to provide tailored credit products to their customers & partners.
FinBox’s end-to-end API infrastructure and risk intelligence suite enable its customers to offer tailored credit products. Its product suite includes a bank statement analyzer, an alternate data underwriting engine, LOS, journey orchestration, partner management modules, a business rules engine, and a multi-bureau analytics platform.
The company is betting big on digitizing lending through its AI-native digital lending platform, Sentinel BRE & Partnership Lending Stack (Prism), while continuing to help lenders manage risk with its data & API suite – BankConnect, DeviceConnect & KYC APIs. The company will also expand their portfolio of solutions to build agentic AI workflows & a fraud intelligence suite.
FinBox counts lenders like HDFC Bank, Kotak Mahindra Bank, Poonawalla Fincorp, Aditya Birla Capital, Muthoot Fincorp, Tata Capital and many other large enterprises and fast-growing platforms amongst its customers.
FinBox founders Srijan Nagar, Nikhil Bhawsinka, Anant Deshpande and Rajat Deshpande jointly said, “This funding marks an important milestone in our journey to redefine credit infrastructure and intelligence for the next decade. With the trust of our customers and the backing of our investors, we are committed to building a global-scale fintech infrastructure company that is made in India. Our mission is to empower lenders to source better, underwrite faster, fight fraud more effectively, and extend fairer, more accessible credit to millions. We will continue to deepen our digital lending stack, launch new products, and expand internationally—while staying true to our vision of creating sustainable, world-class financial infrastructure from India for the world.”
Deepak Ramineedi, Partner, WestBridge Capital, said, “FinBox has established itself as a product-first platform that addresses critical gaps in India’s credit ecosystem. Their modular architecture, data intelligence, and embedded applications create a strong foundation for scalable digital lending. We believe FinBox is well-positioned towards becoming an integral layer of India’s evolving digital credit infrastructure, and we are excited to partner with them in their next phase of growth.”
Aryaman Vikram Birla, Founder, Aditya Birla Ventures, said, “It has been a rewarding partnership with FinBox, whose evolution into one of India’s leading digital credit infrastructure platforms has been both impressive and instructive. The team is well-positioned to continue building industry-defining products and play a pivotal role in powering India’s digital credit infrastructure in an AI-enabled era. We remain excited about the road ahead and the shared opportunity to build the rails for India’s next-generation credit ecosystem.”
Kaushik Anand, Partner, A91 partners, said, “We are excited to up our investment in FinBox. They’ve prudently been building the rails for digital lending. This fundraise will help further expand their product suite for banks and NBFCs.”
