The Week that Was: Indian Startup News Overview (28th September- 4th October)
Funding News: Ignosis Raises $4 Million for AI Financial Inclusion in India
Startup: Ignosis
Founders: Nirav Prajapati and Chintan Sheth
About us: The company offers financial data intelligence and actionable insights tailored for the BFSI sector. Using Account Aggregator (AA) enabled, consent based and secure real time data access, it delivers AI/ML driven analysis on customer cashflows, personas, and spending patterns to help institutions make smarter, data backed decisions
Founded Year: 2022
Office: Ahmedabad, Gujarat
Sector: Financial Services
Funding Round: Pre-Series A
Investors: Peak XV Surge
Ahmedabad based fintech startup Ignosis has raised $4 million in a Pre-Series A funding round led by Peak XV's Surge, with support from Razorpay Ventures, Force Ventures, Kunal Shah of Cred, and others. The company focuses on solving India's financial data challenges by making credit and financial services more accessible through its Account Aggregator (AA) platform combined with AI powered analytics.
Website: https://ignosis.ai/
