Rezolv raises $12.5 million

Rezolv , an AI-powered lending and debt-collection platform, has raised $12.5 million in Series A funding led by Norwest Venture Partners , with participation from Vertex Ventures Southeast Asia and India and existing investor 3one4 Capital.

The Mumbai-based company will use the funding to expand its AI capabilities across lending sales, risk, underwriting, and collections. Rezolv previously raised $3.5 million in seed funding.

Founded in 2024, Rezolv works with more than 22 banks and non-bank lenders, including ICICI Bank and AU Small Finance Bank. Its platform supports collections across more than 12 million loan accounts and processes 6.5 million minutes of borrower conversations each month.