WeRize, an Indian fintech startup, has raised US$28 million in a round led by Sony Innovation Fund, with existing investor 3one4 Capital also participating.

Founded in 2019 by former Lendingkart executives Vishal Chopra and Himanshu Gupta, WeRize distributes financial products in smaller Indian cities through a network of local distributors.

WeRize said it will use the funds to strengthen its AI and technology capabilities and expand its product suite to include mutual funds, bonds, co-branded credit cards, and housing loans.

As of March 2026, the company reported an annualised gross revenue run rate of US$65 million and a pre-tax profit run rate of more than US$7 million.

Before this round, the company had raised more than US$26 million in equity and last raised US$15.5 million in June 2022, when Sony Innovation Fund was already among its backers.

WeRize said it operates through more than 20,000 financial advisors across more than 5,000 towns.

🔗 Source: The Economic Times