Rezolv Raises $12.5 Million Series A to Expand AI-Powered Lending Platform

The company will use the new funding to strengthen its AI technology across key areas such as sales, risk assessment, loan underwriting, and collections.

Rezolv also plans to expand its end-to-end automation platform for lenders. The goal is to help financial institutions automate more lending processes and make them faster and more efficient.

Sonali Jindal, Founder, Rezolv, said, “AI adoption is no longer the challenge as nearly every organisation today is implementing AI. The real challenge is metricisation: can you quantify the business impact AI is creating? At Rezolv, we are solving this for debt collections by combining a comprehensive platform with AI and intelligence to deliver measurable outcomes across recovery rates, cost, productivity and workforce optimisation. We believe the next phase of AI will be defined by measurable business outcomes, not just adoption. This investment will help us bolster these capabilities and further strengthen our proposition for the lending ecosystem.”

Niren Shah, Managing Director and Head of Norwest India and Nikhil Kookada, Principal at Norwest, said, “Norwest is delighted to partner with Karan and Sonali at Rezolv to build a defining AI-native platform for the financial services ecosystem. AI is creating an opportunity to fundamentally rethink financial services. Debt collection is one of the most compelling areas in financial services for AI-led transformation, given the scale, complexity, and highly manual nature of the existing ecosystem. We believe the team has the ambition and capabilities to define a new generation of AI-led financial services infrastructure.”

Rezolv was founded in October 2024 by former Kissht co-founders Karan Mehta and Sonali Jindal. The company provides AI-powered technology to help banks and NBFCs improve their lending operations.

Rezolv’s platform helps financial institutions automate and manage different parts of the lending process. This includes customer engagement, sales, risk assessment, loan underwriting, and loan servicing.

The platform also supports debt collection activities. Rezolv combines its lending and collections experience with an AI-first technology platform to help lenders make their processes faster and more efficient.

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