Bachatt, a tech startup founded in 2025, has secured $12 million in a Series A funding round led by Accel, with Lightspeed and Info Edge Ventures also participating. The company, known for its AI-powered savings and wealth platform, had previously raised $4 million in seed funding. The new capital infusion will be used to expand user acquisition and introduce new AI-driven wealth and credit products.
Bachatt targets the merchant and self-employed sector, providing tailored savings solutions for non-salaried individuals. One of its key features allows users to invest in debt mutual funds with ticket sizes as low as Rs 100, in collaboration with major asset management firms like SBI, ICICI, and Axis. The platform offers various benefits including flexible deposits, pause options, and instant withdrawals.
Since its inception, Bachatt has amassed over 3 million users and processed more than 2 million mutual fund transactions in February 2026 alone. Looking ahead, the company aims to significantly expand its user base to 30 million within the next 12–24 months.
India’s wealthtech sector has been witnessing substantial growth, with startups collectively raising over $634 million in 2024 and 2025. The current year has seen notable funding activities, such as AssetPlus securing $19.3 million, Wint Wealth raising $28 million, Otto Money receiving $1.3 million, and Jiraaf preparing for a new funding round.
Source: Entrackr : Latest Posts