PE-VC Fund Investments
CredResolve raises pre-Series A funding led by Merak Ventures
Gurugram-based AI-powered debt collections infrastructure startup CredResolve has raised pre-Series A funding led by Merak Ventures. The round also saw participation from existing investors Unleash Capital Partners and CDM Capital.Founded in 2023 by IIT Roorkee alumni Balaji Koustubha and Vijay Kumar, CredResolve offers a full-stack collections platform that combines AI voice bots, digital channels, a field agent network, and legal automation, providing lenders with real-time visibility into performance and recovery outcomes.The new funds will be used to expand operations to 15 states, scale its multilingual AI and voice capabilities, and build a self-serve platform for lenders.
In Feb 2025, CredResolve had attracted about USD 1 M from CDM Capital, Unleash Capital Partners and others.For FY24, CredResolve had reported about INR 0.29 Cr in Operating Income and about INR 0.01 Cr in Net Loss.
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