Bengaluru-based fintech startup Oolka has raised $14 million in a Series A funding round led by Accel, with participation from existing investors Lightspeed and Z47.
The round also saw personal investments from Meesho co-founders Vidit Aatrey and Sanjeev Barnwal.
The startup will use the raised funds to expand its product and engineering teams, strengthen AI capabilities, and deepen partnerships with banks and non-banking financial companies.
Founded in 2024, Oolka is developing an AI-powered platform designed to help users manage their financial health across the credit lifecycle. The startup uses AI agents to identify credit issues, suggest improvements, and provide personalised recommendations for managing loans.
It is also building new product stacks to address broader personal finance needs, with a long-term ambition of creating a full-stack financial operating system for consumers, Kumar said.
Oolka claims to have six million registered users and annual recurring revenue of about $2.5 million.
The startup has partnerships with lenders including IDFC First Bank, DMI Finance, L&T Finance, DSP Finance, and InCred.
This marks Oolka’s second major fundraise, following a $7 million seed round in September 2025 led by Lightspeed and Z47, taking its total funding to around $21 million since inception.
