How much funding has Oolka raised?

Oolka has raised $7 million in total funding. Key investors include ["Lightspeed India Partners","Z47","8i Ventures"].

Who is the CEO of Oolka?

Utkrishta Kumar is the CEO of Oolka. The company was founded in 2024.

Where is Oolka located?

Oolka is headquartered in Bengaluru, India.

What products does Oolka offer?

Oolka's key products include: ["AI Credit Score LevelUp App"].

What funding stage is Oolka at?

Oolka is currently at the Seed stage.

How many employees does Oolka have?

Oolka has approximately 11-50 employees.

Oolka

Category: AI in Fintech

An agentic AI-powered credit management platform designed to help Indian consumers improve their credit scores and financial health. Oolka was founded in 2024. The company is led by Utkrishta Kumar. Based in Bengaluru, India. Team size: 11-50. Total funding raised: $7 million. Latest round: Seed, $7.0M, 2025-09, led by Lightspeed India Partners, Z47. Key investors include ["Lightspeed India Partners","Z47","8i Ventures"].

Founded: 2024
Headquarters: Bengaluru, India
Team size: 11-50
Total funding: $7 million

Value proposition

To democratize access to better and more affordable credit by providing personalized, actionable insights and AI-powered assistance to improve financial wellness.

Products and solutions

["AI Credit Score LevelUp App"]

Unique value

Oolka utilizes an 'agentic AI' model, where AI agents can actively negotiate with lenders on behalf of users to reduce interest rates and provide personalized financial guidance, going beyond a simple credit monitoring dashboard.

Target customer

Indian consumers, especially those who are underserved, new-to-credit, or looking to better understand and manage their credit scores and loan repayments.

Industries served

["Fintech","Financial Services"]

Technology advantage

The core advantage is its multi-agent AI platform that leverages various Large Language Models (LLMs) like Gemini, ChatGPT, and Claude to offer personalized financial guidance, automated actions (like negotiation), and a comprehensive credit management solution.

How they differentiate

Oolka differentiates itself through its agentic AI credit platform, which provides personalized credit solutions and aims to improve financial health and expand access to affordable credit. The AI is designed to negotiate with lenders on behalf of users to reduce interest rates.

Main competitors

["Paisabazaar","BankBazaar","CRED"]

Key partnerships

["Lightspeed India Partners","Z47","8i Ventures","Partnerships with various leading NBFCs and banks"]

Notable customers

["Yes Bank","IDFC Bank","AU Small Finance Bank","Muthoot Finance","InCred"]

Major milestones

["Raised $7 million in seed funding.","Processed over ₹100 crores in credit repayments.","Approaching 2 million users."]

Growth metrics

Processed over ₹100 crores in repayments and is approaching 2 million users.

Market positioning

Oolka is positioning itself as an AI-native platform for credit management and improvement, targeting Indian consumers to enhance financial inclusion.

Geographic focus

India

Patents and IP

Not publicly available.

About Utkrishta Kumar

Over 15 years of experience in business strategy, P&L management, and product management. Formerly the Chief Business Officer at Meesho, with previous roles at Hopscotch.in and Bank of America Merrill Lynch.

Official website: https://oolka.in