Fintech startup Ignosis raises $4-M led by Peak XV Partners’ Surge

Ahmedabad-based account aggregator (AA) infrastructure and financial data intelligence platform, Ignosis has raised USD 4 million (about INR 35.5 crore) in its pre-Series A round led by Peak XV Partners’ Surge. The round also saw participation from Razorpay Ventures, Force Ventures, Kunal Shah (CRED) and other existing investors.Founded in 2022 by Nirav Prajapati and Chintan Sheth, Ignosis helps banks, NBFCs, insurers and wealth managers to take accurate underwriting and advisory decisions. The company claims to tie up with more than 125 financial institutions.The startup will deploy the new capital to scale its teams, drive hyper-personalisation through financial data intelligence and build finance-specific LLMs and agentic artificial intelligence (AI) use cases for BFSI.