AxiTrust bags seed funding led by General Catalyst
26 Nov 2025, 01:05 PMThe funding round also saw participation from Atrium Angels, YAN Network, Supermorpheous, and other angel investors.
Team Head&Tale
Share the story on
AxiTrust has raised Rs 23.5 crore in its seed funding round led by General Catalyst.
The funding round also saw participation from Atrium Angels, YAN Network, Supermorpheous, and other angel investors.
The Gurugram-based startup will use the fresh capital to build digital infrastructure that it says will power the large-scale adoption of surety bonds across India's banking, insurance, and procurement ecosystem.
AxiTrust was founded by Aditya Tulsian (CEO), Rajeev Chari (COO), and Mukund Daga (CRO) in 2024. The founding team brings nearly a decade of experience in building for the Indian fintech ecosystem.
AxiTrust is a technology-driven platform building the digital infrastructure for surety bonds in India. The company enables financial ecosystem stakeholders to transition from traditional bank guarantees to digital, insurance-backed solutions that unlock liquidity and strengthen business trust. By replacing collateral-heavy guarantees with insurance-backed alternatives, surety bonds can free up working capital for MSMEs. The platform serves as the infrastructure enabler connecting insurers, financial institutions, and government procurement platforms for seamless issuance, underwriting, and management of surety bonds.
"The story of India's MSME financing reform is now about execution," said Aditya Tulsian, CEO and co-founder, AxiTrust. "For decades, access to growth capital has been held back by the rigidity of collateral. Surety bonds mark a paradigm shift, enabling liquidity to flow freely through the economy. This is about building a new trust architecture for India's financial system, one that expands opportunities for MSMEs to increase participation across Government and private supply chains."
Aakanksha Sharma, principal at General Catalyst, said, "With strong policy tailwinds, digital readiness, and a team that deeply understands MSME financing, we believe AxiTrust is well-positioned to build the foundation for a new financial category."
Who Reads Us
“I enjoy reading The Head and Tale for their coverage on the Fintech landscape. The reporting is incisive and honest, and it demonstrates a sharp understanding of the industry and the issues that concern it. I'd like to extend my best wishes to Arti for her continued success.”
“Well-researched, informative and analysis based reporting makes an interesting read. 'The Head and Tale' news portal has been demonstrating this quite well covering fintech and emerging tech sectors. Their timely updates, exclusive stories and different perspectives on these sectors help me stay informed. Kudos to Arti Singh for pursuing her passion and best wishes to the team.”
“The Head and Tale stands out for its deep industry knowledge and impressive network of sources. I especially appreciate that the reporting remains independent, rarely resorting to paid puff pieces, making it a publication I can genuinely trust. Having followed Arti’s work for years, I’ve come to rely on The Head and Tale for its unparalleled insight and truly independent coverage. Arti’s long-standing presence in the sector means her reporting is always informed, with access few can match.”
“What I really appreciate about The Head and Tale is that it doesn’t just report the news, it interprets it. The stories are well-researched, comprehensive, and bold. Arti brings a fearless lens to reporting, often asking the uncomfortable but necessary questions. She makes you pause, reflect, and rethink what it all means for the payments and fintech ecosystem. It’s rare to find journalism that’s this sharp, timely, and relevant to the work we do every day.”
“I’ve always valued journalism that goes beyond surface-level headlines. The Head and Tale does exactly that - it connects the dots, asks the tough questions, and brings clarity to the shifts shaping our evolving industry. I’ve even encouraged my team members to subscribe, because staying informed through credible, deeply reported stories is as important as building products. For me, The Head and Tale has become part of essential reading.”
