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Bengaluru-based fintech platform GoodScore has bagged $13 Mn (about INR 115 Cr) in its Series A funding round led by Peak XV Partners, with participation from existing investors Stellaris Venture Partners and Saison Capital.
Founder Sanchit Bansal told Inc42 that around 60% of the total infusion came from Peak XV. The startup plans to use the capital to deepen its AI-led advisory offerings, expand its team, and further enhance its credit marketplace, connecting borrowers and lenders across India.
Founded in 2023 by Bansal, GoodScore provides a credit score management app that claims to help users monitor and improve their credit health through personalised, AI-driven insights. The platform also offers AI-led educational content, tools to spend tracking, and access to experts. It sends reminders for EMIs and credit card payment deadlines.
The startup claims to have over 5 Mn active users and charges a subscription fee of INR 99. Without disclosing exact figures, Bansal said that the platform has subscribers “in millions”.
GoodScore has also partnered with leading banks and NBFCs such as Axis Bank, HDFC Bank, Kotak Mahindra Bank, IndusInd Bank, KreditBee, Tata Capital, among others, to help users repay defaulted loans and access better credit opportunities.
(The story will be updated soon)
The post GoodScore Raises $13 Mn To Provide AI-Driven Insights For Credit Score Management appeared first on Inc42 Media.
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