Wealthtech startup Bachatt raises Series A funding led by Accel
31 Mar 2026, 07:00 PMThe funding round also saw participation from existing investors Lightspeed and Info Edge Ventures.
By Arti Singh
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Bachatt, an AI-led savings and wealth platform, has raised $12 million in a Series A funding round led by Accel.
The funding round also saw participation from existing investors Lightspeed and Info Edge Ventures.
The startup will use the fresh capital to scale user acquisition and launch new AI-led wealth and credit products.
Bachatt was founded in 2025 by Anugrah Jain, Ankur Jhavery, and Mayank Agarwal. The platform focuses on the merchant and self-employed segment, offering savings solutions tailored to non-salaried users. Its core offering allows users to invest in debt mutual funds with ticket sizes starting from Rs 100, partnering with asset management companies such as SBI, ICICI, and Axis.
The product includes features such as flexible deposits, pause options, and instant withdrawals. Since its launch in May 2025, Bachatt has acquired over 3 million users, and in February 2026, the platform executed more than 2 million mutual fund transactions. The startup plans to scale its user base to 30 million over the next 12–24 months.
Bachatt had previously raised $4 million in seed funding in April 2025, in a round co-led by Lightspeed and Info Edge Ventures.
Indian wealthtech startups have raised significant funding in the past months. In recent months, startups such as AssetPlus, ZFunds, PowerUp Money and Dezerv have raised funding.
The author is Founder and Editor of The Head and Tale. She can be reached at
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