# Knight Fintech has raised $23.6 million (about Rs 215 crore) in a Series A round led by Accel, with participation from IIFL and Rocket Capital.

*fintech · news · 2026-01-02 · Moneycontrol*

## Key points

- Knight FinTech raised $23.6 million in Series A, pushing total funding past $30 million.
- The company supports over 150 partnerships across 85 lenders, managing $5 billion in active assets.
- Knight FinTech will use fresh capital to expand AI-native product stacks and enter Middle East and Asia-Pacific markets.
- Sanat Rao, former Infosys Finacle CEO, has joined Knight FinTech as an investor and board advisor.
- Knight FinTech aims to reach $85–100 million revenue and $50 billion assets under management in four years.

**Companies:** Knight Fintech, Bank of Baroda, Bank of India, UCO Bank, ICICI Securities, IIFL Finance, Kotak Prime, Bajaj Auto, Muthoot Fincorp, NABARD, NSDL Payments Bank
**Countries:** India, Singapore

[Read the full story on Moneycontrol](https://www.moneycontrol.com/news/business/startup/lending-infrastructure-firm-knight-fintech-raises-23-6-million-in-series-a-round-led-by-accel-13754514.html)

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