AI-led fintech startup AbleCredit is in talks to raise $5 Mn in its Series A funding round.
The funding round will be led by a top Indian VC firm and existing investors Merak Venture and Venture Catalysts will also participate in the Series A round.
AbleCredit plans to use the fresh funds to further improve its credit underwriting model.
Founded in 2023, AbleCredit provides an AI copilot for lending workflows and last raised $1.25 Mn in its seed funding round in May 2024.