Digital credit infra startup FinBox raises $40 million from WestBridge Capital, others

FinBox, a digital credit infrastructure platform, has raised $40 million in a funding round led by global investment firm WestBridge Capital, with existing investors A91 Partners and Aditya Birla Ventures participating.

In a statement, the company said it plans to use the fresh funding to build AI-first workflows, platforms and solutions to improve efficiency.

“Our mission is to empower lenders to source better, underwrite faster, fight fraud more effectively, and extend fairer, more accessible credit to millions. We will continue to deepen our digital lending stack, launch new products, and expand internationally while staying true to our vision of creating sustainable, world-class financial infrastructure,” the founders said in the statement.


Founded in 2017 by Rajat Deshpande, Anant Deshpande, Srijan Nagar, and Nikhil Bhawsinka, FinBox is a business-to-business (B2B) credit infrastructure provider allowing enterprises and financial institutions such as banks and non-banking financial institutions (NBFCs) to embed financial services into their ecosystems. APIs and data intelligence products allow clients to launch and scale products.

“Their modular architecture, data intelligence, and embedded applications create a strong foundation for scalable digital lending. We believe FinBox is well positioned towards becoming an integral layer of India’s evolving digital credit infrastructure, and we are excited to partner with them in their next phase of growth,” said Deepak Ramineedi, partner, WestBridge Capital.

FinBox works with various lenders, including HDFC Bank, Kotak Mahindra Bank, Poonawalla Fincorp, Aditya Birla Capital, Muthoot Fincorp and Tata Capital, as well as other enterprises.

The Bengaluru-based fintech platform plans to expand its portfolio of solutions to build agentic AI workflows and a fraud intelligence suite.

The company has so far raised $16.1 million, according to Tracxn data.