Fintech start-up Decentro raises ₹30 crore, to shift domicile to India

The start-up plans to use the fresh capital to deepen enterprise adoption, enhance product capabilities and expand its trade and marketing initiatives across financial institutions
| Photo Credit:
Andrii Yalanskyi

Decentro, the API banking platform, has raised ₹30 crore in Series B funding led by InfoEdge Ventures, with participation from Stargazer Growth (backed by Groww CEO Lalit Keshre) and existing investors including Uncorrelated Ventures, and others others.

The company will also be reversing its parent entity’s location from Singapore back to India over the next 12-18 months.

The start-up plans to use the fresh capital to deepen enterprise adoption, enhance product capabilities and expand its trade and marketing initiatives across financial institutions.

Plans ahead

“Our goal has always been to make financial & banking infrastructure simple, secure, and reliable at scale. This fund raise allows us to double down on what’s working well; deep partnerships with enterprise customers and building products that power mission-critical financial flows. India is where it all started, and we want to make this our long-term base with the eventual flip,” said Rohit Taneja, Co-founder & CEO of Decentro.

Founded in 2020 by Taneja and Pratik Daudkhane, Decentro is a full-stack API banking startup that allows companies select their modules, integrate with sandbox (banking APIs) and launch products within a few days.

Recently, the company has claimed to have launched two new products namely, Scanner, which operates as a real-time user profiling and risk assessment engine, and Neobot, a multilingual AI voice agent for automated debt collections.

Published on June 6, 2025