Credfix, an AI-first platform empowering financially distressed debtors to regain management of their monetary future, has raised Rs 16.1 crore in a seed funding spherical led by Tanglin Enterprise Companions, with participation from Stargazer.

The startup will use the contemporary capital to speed up product innovation, strengthen proprietary AI capabilities, develop its nationwide borrower help ecosystem, and scale its mission of creating the trail out of debt extra clear, accessible and humane.

Earlier than this spherical, it raised Rs 4.5 crore from K2 Capital, Invstt Belief and a bunch of outstanding angel buyers.

Based in 2025 by Ranjan Agarwal, Neeraj Kulkarni and Ayush Kedia, Credfix is an AI-powered monetary restoration platform that helps debtors perceive their debt, discover their choices and navigate lender interactions by means of debt evaluation, mortgage decision, mortgage consolidation and AI-powered authorized steering.

The startup claims it serves greater than 2 lakh debtors.

Credfix’s platform consists of three AI-based instruments. Risi is a monetary assistant designed to assist debtors perceive their debt and determine potential decision choices. Neytra, described as an AI Name Defend, helps customers handle recovery-related calls, generates name summaries and paperwork potential points associated to assortment practices.

Its AI Authorized Assistant is designed to assist debtors perceive authorized notices, put together draft responses for overview and determine potential subsequent steps.

Ranjan Agarwal, Co-founder, Credfix, mentioned, “Monetary misery is usually accompanied by confusion, nervousness and a scarcity of reliable steering. We imagine debtors deserve higher. At Credfix, we’re utilizing synthetic intelligence to simplify some of the complicated monetary experiences, empowering people with readability, confidence and actionable options. This funding marks an essential milestone in our journey and can assist us construct know-how that helps tens of millions of debtors in navigating debt with better transparency and dignity.”

“India has constructed exceptional infrastructure to distribute credit score, however only a few options to assist debtors when compensation will get onerous. That hole is a big, unaddressed drawback, and it is rising as tens of millions of younger debtors enter the system. Credfix is constructed on a easy however highly effective perception: debtors who’re supported and guided successfully usually tend to repay. This creates lasting worth for everybody within the credit score ecosystem. The early traction exhibits how sturdy the demand is, and we’re excited to again the crew as they scale,” mentioned Shashank Sabesan, Principal, Tanglin Enterprise Companions.

“Resolving a mortgage sometimes entails a number of disconnected interactions throughout lenders, restoration companies and authorized processes. Our imaginative and prescient is to unify this fragmented journey by means of AI, enabling debtors to entry well timed, personalised and actionable help on a single platform. We’re constructing know-how that makes monetary restoration less complicated, sooner and considerably much less aggravating,” mentioned Neeraj Kulkarni, Co-founder, Credfix.