Fintech Bachatt Raises $12 Million Series A Led by Accel to Build AI Led Wealth and Credit Solutions

Savings and wealth platform Bachatt has raised fresh capital as it looks to expand its offerings for India’s large merchant and self-employed segment.  

The company is aiming to build a broader financial ecosystem by combining savings, credit, and investment solutions. 

Funding Details and Growth Strategy 

The company has secured $12 million in a Series A funding round led by Accel, with participation from Lightspeed, Info Edge Ventures and existing investors.  

The capital will be used to scale its current savings product and introduce new solutions powered by artificial intelligence. 

Bachatt plans to expand its product suite by adding AI-driven wealth and credit offerings alongside its existing fixed-income savings solution.  

The company is targeting a large underserved segment, aiming to cater to over 300 million merchants and self-employed individuals across the country. 

Founder Anugrah Jain stated that the company aims to become a “trusted financial partner for the large 300 million merchants and self-employed segment”, with plans to build 5–6 tailored financial products over time. 

Product Offering and Platform Capabilities 

The platform’s core savings solution allows users to start investing with as little as ₹100 in debt mutual funds offered by SBI, ICICI and Axis Asset Management companies.  

This low entry barrier is designed to encourage consistent saving behaviour among small business owners and individuals with variable income streams. 

In addition to savings, Bachatt is developing a credit solution aimed at addressing working capital requirements. The company said this offering will provide quick access to funds within minutes, helping users manage short-term liquidity needs efficiently. 

On the investment side, the company’s AI-driven wealth solution uses a proprietary system that tracks more than 4,000 mutual fund schemes along with market trends to identify suitable opportunities for stable returns. 

Scale, Adoption and Market Focus 

Bachatt serves a wide range of users including small retail shops, jewellery businesses, dealerships and other self-employed professionals.  

The platform reported executing over 2 million mutual fund transactions in February 2026, reflecting growing adoption among its target audience. 

From an investor perspective, Accel highlighted the company’s approach of combining trust with structured investment habits.  

According to its partner, the model aligns savings with daily income patterns while expanding access to financial products for a large underserved segment. 

Read More: Dream Sports to Launch Dream Street to Foray into India's Stock Broking Industry! 

Conclusion 

With its latest funding round, Bachatt is positioning itself to build a comprehensive financial platform focused on merchants and self-employed users, leveraging AI to deliver savings, credit and investment solutions at scale. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.  

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.