Indian Fintech Startup Bachatt Raises $4 Million in Seed Funding Led by Lightspeed and Info Edge Ventures.
In a significant boost to India’s burgeoning fintech sector, savings and investment platform Bachatt has secured $4 million in seed funding, marking a decisive vote of confidence from top-tier investors. The funding round was co-led by Lightspeed and Info Edge Ventures, two prominent names in the venture capital ecosystem, with additional participation from strategic angel investors.
Lightspeed contributed $2.8 million of the total raised, reaffirming its continued interest in India’s fast-growing digital finance space. Info Edge Ventures followed with a $1 million investment, further strengthening its portfolio of early-stage startups driving innovation in financial services.
The round also saw participation from Abhiraj Bhal, co-founder of Urban Company, as well as representatives from Larsen & Toubro (L&T), hinting at a growing interest from seasoned entrepreneurs and corporates in fintech solutions that empower the next wave of digital-first consumers.
Founded in 2023, Bachatt—which translates to “savings” in Hindi—aims to revolutionize how Indian consumers approach financial planning, investing, and wealth management. By leveraging technology, data, and behavioral insights, the platform offers curated tools for budgeting, micro-investing, and building disciplined financial habits, targeted primarily at young earners and first-time investors.
Solving for India’s Middle-Class Money Mindset
In a country where millions are still unbanked or underbanked, and financial literacy remains low, Bachatt positions itself as a bridge between aspiration and action. The startup’s mobile-first platform is designed to help users automate savings, invest in mutual funds, track spending, and set personalized financial goals with minimal effort.
The founders, whose names have not been officially disclosed, come from strong financial and product development backgrounds. They believe that while there’s no shortage of investment options in India, there’s a massive gap in awareness, accessibility, and user trust—gaps that Bachatt intends to fill.
“Our vision is to make saving and investing as effortless as spending. We’re building an intelligent platform that understands your financial behavior and nudges you towards better money choices,” said a spokesperson for the startup.
Backing from Strategic Investors
Lightspeed, known for backing Indian unicorns like Udaan, ShareChat, and Razorpay, has been consistently increasing its presence in the fintech landscape. Regarding the investment, Rahul Taneja, Partner at Lightspeed India, said, “India is experiencing a generational shift in how people manage money. Bachatt is building a much-needed product for the next 200 million digital-first Indians seeking simple and trustworthy financial tools. We’re excited to support them from day one.”
Info Edge Ventures, the investment arm of Info Edge (India) Ltd.—known for backing startups like Zomato and PolicyBazaar—echoed a similar sentiment. “We believe Bachatt’s user-first approach and focus on long-term financial wellness will help create real impact in Tier 2 and Tier 3 India,” said Pankaj Bansal, Partner at Info Edge Ventures.
Future Roadmap and Expansion
With the fresh capital, Bachatt plans to enhance its product suite, strengthen its tech and data infrastructure, and expand its user base across India’s urban and semi-urban markets. A portion of the funds will also go towards regulatory compliance, hiring talent, and marketing campaigns to boost adoption.
As India’s fintech market continues to expand—projected to grow at a CAGR of over 20% in the next five years—startups like Bachatt are well-positioned to capture a sizable share of the digital savings and investment pie.
With strong backing, a clear mission, and a rapidly digitizing population, Bachatt could become a household name for thoughtful financial planning in India.
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