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CredResolve Secures USD 1.1 Million in Funding to Expand AI-Powered Debt Recovery Solutions.

Banking & Finance | Dated: 10 Mar 2025

In March 2025, Gurugram (Haryana)-based CredResolution India Private Limited (CredResolve), an AI-driven debt collections platform, secured USD 1.1 million in seed funding from Bengaluru (Karnataka)-based Unleash Capital Partners, a Japanese venture capital (VC) firm, along with CDM Capital, based in Mumbai, Maharashtra.

🎯 Key Highlights:

  • - The investment will help the company enhance its technology and improve debt recovery processes while ensuring compliance with regulatory guidelines.
  • - With this funding, CredResolve plans to expand its partnerships with over 25 financial institutions (FIs), including banks, fintech companies, Non-Banking Financial Companies (NBFCs), and Asset Reconstruction Companies (ARCs).

💡 Other Important Facts:

  • (i) The company will also invest in upgrading its AI-powered debt resolution platform to optimize collections while maintaining compliance with financial regulations.
  • (ii) CredResolve, founded in August 2023, currently serves over 20 lenders and has an annual recurring revenue (ARR) of USD 1 million. In February 2024, CredResolve raised USD 100K in an angel funding round.
  • (iii) Its automated workflows improve efficiency, enhance borrower communication, and align with Reserve Bank of India (RBI) regulations.

📚 Test Your Knowledge:

Recently, how much funding did CredResolve secure to expand its AI-powered debt recovery solutions?

Correct Answer: USD 1.1 million

🚀 Quick Recap: