Rezolv Raises $12.5 Mn in Series A Round Led by Norwest
By: Women Entrepreneurs Review Team | Tuesday, 18 August 2026
Rezolv, an AI-native lending technology platform for financial services, has raised $12.5 million in its Series A round led by Norwest, with participation from Vertex Ventures Southeast Asia and India and existing investor 3one4 Capital, according to a media report. The company provides AI-powered technology solutions to help lenders streamline and improve their lending operations.
Founded in 2024 by Karan Mehta and Sonali Jindal, former founders of Kissht, Rezolv serves banks and non-banking financial companies by pairing a comprehensive debt-collection platform with purpose-built AI, combining deep lending and collections expertise with an AI-first technology stack.
The fresh capital will strengthen Rezolv's core AI capabilities across the lending suite, including sales, risk, underwriting and collections, as the company builds end-to-end automation for lending workflows and advances its vision of becoming a category-defining AI platform globally.
From welcome calling and pre-delinquency to write-offs, the platform leverages advanced analytics, automation and digital engagement to drive efficiencies while improving customer experience.
Key Highlights:
- Rezolv raises $12.5 Mn Series A led by Norwest, with participation from Vertex Ventures and 3one4 Capital
- Fresh funds will strengthen AI capabilities across lending, risk, underwriting and collections
- Rezolv serves 22+ banks and NBFCs, powering collections across 12M+ loan accounts
Rezolv serves banks and NBFCs through a debt-collection platform powered by AI, combining lending and collections expertise with an AI-first technology stack. The startup aims to build end-to-end automation for lending workflows.
Since its inception, Rezolv claims to have partnered with over 22 banks and NBFCs, including AU Small Finance Bank, ICICI Bank, Poonawalla Fincorp, Bajaj Auto Credit and Five-Star Business Finance.
It powers 6.5 million minutes of borrower conversations every month, enabling pan-India collections across more than 12 million loan accounts. The company claims its platform has helped improve bounce and resolution rates by 35%.
Rezolv competes with players such as Credgenics, Nucleus Software, and Mobicule in the AI-powered lending and debt collections space. According to data, fintech startups raised nearly $2 billion in H1 2026, accounting for 26% of the total funding raised.
Speaking on the fundraise, Sonali Jindal, Founder, Rezolv, said, “AI adoption is no longer the challenge as nearly every organisation today is implementing AI. The real challenge is metricization: can you quantify the business impact AI is creating? At Rezolv, we are solving this for debt collections by combining a comprehensive platform with AI and intelligence to deliver measurable outcomes across recovery rates, cost, productivity and workforce optimisation. We believe the next phase of AI will be defined by measurable business outcomes, not just adoption. This investment will help us bolster these capabilities and further strengthen our proposition for the lending ecosystem.”
Niren Shah, Managing Director and Head of Norwest India and Nikhil Kookada, Principal at Norwest, said, “Norwest is delighted to partner with Karan and Sonali at Rezolv to build a defining AI-native platform for the financial services ecosystem. AI is creating an opportunity to fundamentally rethink financial services. Debt collection is one of the most compelling areas in financial services for AI-led transformation, given the scale, complexity, and highly manual nature of the existing ecosystem. We believe the team has the ambition and capabilities to define a new generation of AI-led financial services infrastructure.”
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