# Bachatt is an AI-led savings and wealth platform for the merchant and self-employed segment.

*fintech, genai · news · 2026-03-31 · The Hindu Business Line*

## Key points

- Bachatt has raised $12 million in Series A funding led by Accel in March 2026.
- The funding will be used to expand AI-led wealth and credit solutions for merchants and self-employed users.
- Bachatt claims over 3 million users since launching its debt mutual funds savings solution in May 2025.
- The company aims to increase its user base to 30 million within the next 12-24 months.

Fintech firm Bachatt has raised $12 million, about ₹113 crore, in a funding round led by venture capital firm Accel, the company said on Tuesday. The round also saw participation from existing investors, Lightspeed and InfoEdge Ventures. “Bachatt, an AI-led savings and wealth platform for the merchant and self-employed segment, has raised $12 million in its series A funding led by Accel,” the company said in a statement. The company plans to use the fresh funds to scale up its savings solution and build new AI-led wealth and credit solutions for its growing user base which ranges from kirana shopkeepers to large merchants like jewellery shop owners, dealerships etc. Launched in May 2025, Bachatt claims to have acquired over 3 million users on its debt mutual funds led savings solution. “Over the next 12-24 months, Bachatt intends to reach a user base of 30 million,” the statement said. Bachatt provides savings solution starting at ₹100, and allows users to save conveniently in debt mutual funds of SBI, ICICI and Axis AMC. Bachatt is addressing a fundamental gap in how consumers access quality products. At Accel, we are proud to partner with founders building population-scale utilities like Bachatt,” Accel Partner Pratik Agarwal said. Published on March 31, 2026

**Companies:** Accel, Bachatt, Lightspeed, InfoEdge Ventures
**Countries:** India

[Read the full story on The Hindu Business Line](https://www.thehindubusinessline.com/money-and-banking/fintech-firm-bachatt-raises-12-million-in-funding-round-led-by-accel/article70807208.ece)

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