Indian fintech startup Bachatt has raised $12 million in a fresh funding round led by Accel, with participation from Lightspeed and Info Edge Ventures. The latest investment highlights growing investor confidence in digital wealth platforms focused on India’s underserved segments.
This funding marks a significant milestone for the young startup, which has been steadily building its presence in the savings and investment ecosystem since its launch.
Focus On Wealth Creation & Credit Access
Bachatt plans to utilise the newly raised capital to expand its wealth management offerings and introduce credit solutions tailored for its user base. The company aims to strengthen its platform by enhancing product capabilities and improving user experience.
The startup primarily targets India’s large base of self-employed individuals and middle-income earners, many of whom lack access to structured financial planning tools. Its platform enables users to build savings through small, consistent contributions, making wealth creation more accessible.
Building For Bharat’s Financial Needs
Founded in 2024, Bachatt was created to address the gap in financial services for non-salaried individuals. The platform encourages disciplined savings through daily investment options, helping users grow their money gradually.
By focusing on users earning between ₹30,000 and ₹70,000 per month, the startup is tapping into a massive and often overlooked market segment. It also aims to reduce reliance on informal savings systems by offering a more flexible and rewarding digital alternative.
Growth Plans Ahead
With fresh funding in place, Bachatt is expected to accelerate its expansion strategy by scaling operations, acquiring new customers, and launching additional financial products. The company is also likely to invest in technology to improve personalisation and financial insights for users.
As India’s fintech sector continues to evolve, startups like Bachatt are playing a crucial role in democratising access to savings and credit solutions. The latest funding round positions the company to compete more aggressively in the rapidly growing digital wealth management space.