Private Equity

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Daily savings focused fintech Bachatt raises $12-M led by Accel

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Savings platform Bachatt has raised USD 12 million in a Series A round led by Accel India, with participation from existing investors Lightspeed and Info Edge Ventures.Founded in 2025 by Anugrah Jain, Ankur Jhavery, and Mayank Agarwal, Bachatt targets merchants and self-employed individuals. The company’s solutions aim to make wealth advisory accessible by leveraging a proprietary AI tool that monitors over 4,000 mutual fund schemes and market patterns.The company plans to use the capital to scale its existing savings solution and develop new AI-led wealth and credit solutions. Its current debt mutual funds-led savings solution serves three million users.

In Mar-25, Bachatt had attracted about USD 4 M from Info Edge, Lightspeed Ventures, Others.