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Fintech Startup Oolka in Advanced Talks to Raise $45 Million at $200 Million Valuation
M
Moneycontrol•06-10-2026, 09:02
Fintech Startup Oolka in Advanced Talks to Raise $45 Million at $200 Million Valuation
- •AI-powered credit management platform Oolka is in advanced talks to raise approximately $45 million in a fresh funding round led by Bessemer Venture Partners and Prosus.
- •Bessemer is expected to invest around $20 million, Prosus will contribute $10 million, and remaining funds will come from existing backers like Accel, Lightspeed, and 8i Ventures.
- •The ongoing negotiations have more than doubled Oolka's valuation to around $200 million, up from its $90 million valuation in April 2026.
- •Founded in 2024 by former Meesho executive Utkrishta Kumar, Oolka positions itself as India's first agentic AI credit management platform.
- •This potential deal marks Prosus's fourth fintech investment in just over a month as the investor accelerates its exposure to consumer fintech startups leveraging AI.
Key Questions Answered
Oolka is in advanced talks to raise around $45 million in a fresh funding round from Bessemer Venture Partners, Prosus, and other existing investors.
During the ongoing negotiations with Bessemer and Prosus, Oolka's valuation has more than doubled to approximately $200 million.
Founded in 2024, Oolka positions itself as India's first agentic AI credit management platform, helping individuals check, manage, and improve their credit scores, loans, and EMIs.
