Bachatt Raises $12M Series A Led by Accel to Expand AI-Led Savings…

Team S · 2026-04-01T15:02:45.000Z

Delhi-based fintech startup Bachatt has raised $12 million in a Series A funding round, led by Accel, with participation from existing investors Lightspeed and Info Edge Ventures, as it looks to scale its AI-driven financial platform for India’s underserved segments. Founded in 2025 by Anugrah Jain, Ankur Jhavery, and Mayank Agarwal, Bachatt is building an AI-led savings and wealth management platform tailored for merchants and self-employed individuals, a segment often overlooked by traditional financial products. The company’s core offering enables users to invest small amounts starting as low as ₹100-into debt mutual funds, with flexible features such as instant withdrawals, top-ups, and variable contributions designed for users with irregular cash flows. Since its launch in 2025, Bachatt has scaled rapidly, claiming over 3 million users and processing millions of mutual fund transactions, highlighting strong demand for simplified and accessible financial tools in India’s large informal economy. The newly raised capital will be used to expand its savings platform and launch new AI-led wealth advisory and credit solutions, aiming to serve India’s 300 million+ merchant and self-employed population with tailored financial products. The funding reflects a broader trend in India’s fintech ecosystem, where startups are leveraging AI and flexible financial models to address gaps in traditional banking, particularly for users with non-salaried and variable income streams.

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Bachatt Raises $12M Series A Led by Accel to Expand AI-Led Savings… | Newnex