OnFinance AI Raises $4.2M (~₹37 Cr) to Redefine BFSI Regulatory Compliance

We are delighted to share that OnFinance AI has raised $4.2M (~₹37 Cr) in our pre-Series A round, led by Peak XV Partners (formerly Sequoia India & SEA). The round also saw participation from Groww Founders’ Fund, Mars Shot VC (Razorpay Founders’ Fund), Climber Capital, Shyamal Hitesh Anadkat (OpenAI), and our existing investors Indian Angel Network (IAN) and Silverneedle Ventures (SNV).

This milestone is a strong vote of confidence in our mission to redefine compliance, risk, audit, and regulatory intelligence for BFSI institutions in India and beyond.

Our Mission

Every year, regulators like SEBI, RBI, IRDAI, and AMFI issue thousands of pages of new circulars and guidelines. Compliance teams spend days manually interpreting and implementing them—creating delays, bottlenecks, and the risk of costly errors.

At OnFinance AI, we are solving this challenge with our flagship platforms:

• ComplianceOS – Powered by NeoGPT, India’s first BFSI-specific LLM, ComplianceOS hosts 70+ regulatory AI agents that interpret regulations, generate tasks, track deadlines, and create audit-ready evidence in real time. Clients save 100+ hours per circular, cutting processes from weeks to minutes.

• InvestigativeOS – A specialized compliance and risk platform that supports KYC compliance, Cybersecurity & Resilience (CSCRF), Accessibility compliance (PwD mandate), Vendor Risk Assessment, and Market Abuse Surveillance (front-running, insider trading, manipulative trades).

Together, these platforms deliver a proactive, auditable, regulator-ready compliance infrastructure for BFSI.

Trusted by Industry Leaders

We are proud to work with some of India’s most respected financial institutions, including:

• BSE

• Kotak Mutual Fund

• Nippon India Mutual Fund

• HDFC Securities

• Aditya Birla Capital Digital

• …and many more

Your support and feedback have been instrumental in shaping our platforms and accelerating our growth.

What’s Next

With this funding, we will:

• Expand our product capabilities across compliance, audit, risk, and surveillance

• Scale our engineering and ML teams to build faster and stronger

• Accelerate global expansion into MENA and the US markets

We are also proud to be the first GenAI player in India with 90%+ of deployments on-premises/private cloud, ensuring BFSI-grade data security, privacy, and regulatory alignment.

Thank You

A special thanks to our investors, our clients, and the communities that support us—including the BITS Pilani alumni network and our families—for believing in our vision.

We’re just getting started. If you’d like to partner with us or explore our solutions, please reach out to [email protected] or [email protected] or +91-7233089282.

Here’s to building the future of BFSI compliance from India, for the world. 🇮🇳