Ignosis, an India-based financial data intelligence and account aggregator platform, has raised US$4 million in a pre-series A round led by Peak XV’s Surge, with participation from Force Ventures, Razorpay Ventures, Kunal Shah, and existing investors.

Ignosis plans to use the new funding to expand its engineering, business, and compliance teams and to develop new AI-driven financial data products.

Founded in 2022 and headquartered in Ahmedabad, Ignosis provides infrastructure for financial institutions to access and analyze consumer financial data.

The company said it works with over 125 financial institutions, helping them with credit, insurance, and investment services.

The platform operates under India’s regulatory frameworks, including the RBI’s account aggregator guidelines and the DPDP Act.

🔗 Source: Ignosis