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The round also saw participation from existing investors Varanium Capital, DMI Sparkle Fund and IIFL Fintech Fund.
The funding also saw participation from Force Ventures, Razorpay Ventures, Cred CEO Kunal Shah, and existing investors.
As part of the collaboration, an AI Center of Excellence will be established that will develop solutions across lending, insurance, and wealth management sectors.
In its notification, the central bank said that the interested parties should apply through the PRAVAAH portal before June 15.
The fintech giant plans to exit the account aggregator (AA) space, and said it will partner with other AAs.
The funding will go towards scaling operations, forging strategic partnerships, and developing a digital framework for improving the data-sharing ecosystem in India.
Perfios reported Rs 71.7 crore in profit after tax, up from Rs 7.79 crore in FY23.
