Oolka, a Bengaluru-based startup building an AI-powered credit management platform, has raised US$7 million in seed funding.

The round was led by Lightspeed India Partners and Z47, with participation from 8i Ventures and several angel investors.

Founded in 2024 by Utkrishta Kumar, Oolka offers a service that helps users track and manage their credit.

Oolka plans to use the new funding to expand its team and develop additional AI-driven features for its platform.

The company has also partnered with financial institutions such as Yes Bank, IDFC Bank, AU Small Finance Bank, Muthoot Finance, and InCred to expand its credit offerings.

🔗 Source: Oolka