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Indian fintech firm AxiTrust raises $2.7m led by General Catalyst

AxiTrust, a Gurugram-based fintech platform focused on digital surety bonds, has raised 23.5 crore rupees (US$2.7 million) in a seed round led by General Catalyst.

Other participants in the round include Atrium Angels, YAN Network, Supermorpheous, and others.

The company aims to build digital infrastructure to support the issuance and management of surety bonds for India’s banking, insurance, and procurement sectors.

AxiTrust was founded in 2024 by Aditya Tulsian, Rajeev Chari, and Mukund Daga.

🔗 Source: AxiTrust

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