Decentro Raises Rs 30 Crore in Series B to Power API Banking Growth in India
Bengaluru-based fintech firm Decentro has secured Rs 30 crore in its Series B funding round to boost its efforts in simplifying digital banking through API solutions. The round was led by InfoEdge Ventures, with support from Stargazer Growth and existing backer Uncorrelated Ventures.
Founded in 2020 by Rohit Taneja and Pratik Daudkhane, Decentro offers a plug-and-play API platform that helps financial institutions launch services faster and more securely. The company serves over 1,300 businesses, including well-known names like CRED, Meesho, MakeMyTrip, AU Small Finance Bank, and MoneyTap.
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The latest fundraise comes as Decentro plans to shift its headquarters from Singapore to India within the next year, a move that reflects its strong focus on the Indian fintech market. According to co-founder and CEO Rohit Taneja, the new funds will be used to grow enterprise partnerships, strengthen core products, and widen its market presence.
Decentro’s platform supports a wide range of services, from digital KYC and customer verification to payments, disbursals, and AI-driven debt recovery. It helps banks, NBFCs, and new-age lenders reduce launch timelines from months to days.
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The company’s long-term goal is to become India’s core infrastructure for digital banking and financial services, allowing institutions of all sizes to build faster, safer, and more inclusive offerings.
Disclaimer: This post is for general informational purposes only. It does not constitute financial advice. Please consult a qualified professional before making financial decisions.
