Funding
AI-powered fintech Oolka raises $7 million from Lightspeed India, Z47, others
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Bengaluru-based fintech startup Oolka has raised $7 million in seed funding in a round led by Lightspeed India Partners and Z47, with 8i Ventures and several angel investors participating.
Founded in 2024 by Utkrishta Kumar, Oolka is a credit management platform with an artificial intelligence (AI) backbone. It targets Indian consumers navigating credit scores and repayments.
Kumar said the fresh capital is crucial to scale Oolka’s engineering and product teams, specifically for hiring data scientists and AI engineers to enhance the tech stack. The…
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