Intellend Technologies Advisors Private Limited has raised $1.2 million (Rs 10.6 crore) in a seed funding round led by Incubate Fund Asia. The round also saw participation from M Venture Partners, Atrium Angels, and angel investor Dhananjay Tiwari.
Founded in May 2025 by Brotish Das (CEO), Som Chatterjee (COO), and Bodhisattwa Gupta (CBO), Intellend is building a full-stack lending-as-a-service platform that enables embedded credit solutions for digital merchant ecosystems.
The platform leverages advanced data analytics, AI-led underwriting, and technology-driven risk assessment to deliver seamless and affordable credit access to underserved MSMEs.
India’s MSME sector faces a credit gap exceeding $500 billion, with a significant portion of enterprises lacking access to formal lending and relying on costly informal sources. Intellend addresses this challenge by partnering with digital merchant ecosystems and financial institutions to provide contextual, point-of-need financing with minimal friction. As part of its early rollout, the company has already partnered with merchant platforms serving over one lakh merchants.
The newly raised capital will be used to strengthen Intellend’s core team, accelerate product development, and execute its go-to-market strategy. The company also plans to expand partnerships across multiple merchant ecosystems and financial institutions, enhance its product offerings, and explore opportunities in other underserved segments and select international markets over time.
Commenting on the fundraise, the founders said the investment would help Intellend scale its AI-driven underwriting capabilities, deepen ecosystem partnerships, and deliver instant financing solutions to improve MSME credit access across India.
Rajeev Ranka, India Partner, Incubate Fund Asia, said Intellend is building critical credit infrastructure for underserved businesses by combining embedded finance, data-driven underwriting, and strong distribution. He added that the founding team’s experience in scaling large lending platforms positions the company well for long-term growth.
The founding team brings extensive experience across leading global and Indian financial institutions, including Citi, Standard Chartered, HSBC, SMFG, Axis Bank, Medical Protective (Berkshire Hathaway) and Toast Inc.
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