Rezolv Raises USD 12.5 Mn in Series A Funding Led by Norwest

AI-native lending technology platform Rezolv has raised USD 12.5 million in a Series A round led by Norwest, with participation from Vertex Ventures Southeast Asia and India and existing investor 3one4 Capital. Rezolv plans to use the funding to strengthen its lending technology platform and expand into global markets. 

Founded in 2024 by Karan Mehta and Sonali Jindal, Rezolv provides banks and NBFCs with technology for debt collection and other lending workflows. 

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.”

Rezolv has partnered with more than 22 banks and NBFCs, including AU Small Finance Bank, ICICI Bank, Poonawalla Fincorp, Bajaj Auto Credit, Five-Star Business Finance, Muthoot Capital, Finova Capital and IIFL. 

Rezolv processes more than 6.5 million minutes of borrower conversations each month across over 12 million loan accounts. Its Strategy Builder has recorded a 35% improvement in bounce and resolution rates.

“This fundraise takes us a step closer to our long-term vision of becoming an integrated part of the lending lifecycle. It also gives us the confidence to take our products to global markets. Rezolv’s full-stack, AI-powered platform is built for lending in the AI era, and we are grateful for our investors’ shared belief in this vision. We believe the platform is well positioned to drive greater intelligence, efficiency and measurable outcomes across the lending ecosystem,” added Karan Mehta, Founder, Rezolv