Enterprise messaging startup Fyno has raised $4 million in a seed funding round, co-led by Arkam Ventures and 3one4 Capital.
The startup will use the new funding to grow its go-to-market operations in India and improve its AI-powered communication platform.
The money will also be used to enhance AI features, better align the product with market needs, build a hybrid cloud infrastructure, and expand sales and marketing in India and other emerging markets.
“We officially exited stealth mode after 24 months of product development and 12 months of early platform adoption. We expect to reach $2 Mn in revenue by FY26 and $5 Mn by FY27, driven by rising adoption in the BFSI sector,” cofounder and CEO Jain said.
Founded in 2022 by Aniketh Jain and Ashish Agarwal, Fyno provides a communication platform focused on compliance, specifically for banks, financial services, and NBFCs.
The platform brings together integration, orchestration, and analytics across more than 8 channels, including SMS, WhatsApp, email, push notifications, and voice.
In 2025, Fyno handled more than five billion messages across multiple communication channels.
Since it started, the platform has partnered with 45 banks, NBFCs, and fintechs—including Karnataka Gramin Bank and Lendingkart—supporting onboarding, KYC, transaction alerts, and compliance messaging.
The startup now aims to double its number of customers in the next 18 months and is in advanced discussions with more than 10 banks and major financial institutions.
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