Sahamati, the body representing NBFC-Account Aggregators in India, has secured Rs 50 crore in funding from a broad group of financial institutions, including major banks, asset management companies, stockbrokers, and fintechs, according to a report published in April 2026.
The investment will be directed toward strengthening the infrastructure of Sahamati’s data sharing platform and expanding participation within the ecosystem. The funding also supports the development of a framework for financial data management designed to give consumers greater control over their own financial information.
The Account Aggregator model, which Sahamati represents, enables individuals to share their financial data securely across institutions with their explicit consent. The participation of banks, AMCs, stockbrokers, and fintechs as investors suggests broad industry commitment to scaling this infrastructure.
The Rs 50 crore raise may help Sahamati deepen the reach and reliability of the Account Aggregator network, which sits at the intersection of financial services and consumer data rights. By placing consumers in control of their information, the framework could support wider access to credit, investment, and other financial services.
Source: Tech-Economic Times