Team Startupcity

·  DPDzero raises $7M Series A to scale its AI-powered debt recovery platform across India.

·  Startup serves major lenders like RBL Bank, IndusInd, Tata Capital, and manages 1.8M monthly borrowers.

·  Plans to launch a nationwide network of ethical field collection agents starting from Bengaluru.

Indian fintech company DPDzero, which uses AI to transform debt recovery for banks and other financial institutions, raised $7 million in a Series A round. The funding will be used to accelerate the company's ambitions to expand its AI infrastructure and establish a network of ethical, technology-enabled debt recovery agents across the country.

The round was co-led by GMO Venture Partners, SMBC Asia Rising Fund, and Blume Ventures, with involvement from India Quotient, Sinarmas Group, and other supporters. Both Blume Ventures and India Quotient had previously invested in previous rounds.

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Established in 2022 by Ananth Shroff and Ranjith B. R., Bengaluru-headquartered DPDzero runs a state-of-the-art AI-powered platform for debt collection automation and facilitation for banks, NBFCs, fintech, and microfinance institutions. Some prominent clients are RBL Bank, IndusInd Bank, Tata Capital, Manappuram Finance, and Moneyview.

 Ananth Shroff  CEO said,

Collections has been the ignored stepchild of lending. We’re rebuilding it with technology, empathy, and intelligence

The firm will use the new capital to enhance its AI capabilities and deploy a dedicated field agent network, beginning in Bengaluru, and eventually expanding into top-volume lending states such as Maharashtra and Uttar Pradesh. The aim is to make collections smarter, more human, and more efficient across digital and in-person touchpoints.

DPDzero brings together behavioral insights, AI agents, and human touch to communicate with borrowers across multiple channels, segmenting them based on risk and repayment behavior. The startup has experienced 6x revenue growth in the last 18 months, processed collections for more than 10 million borrowers, and now operates monthly business for 1.8 million active borrowers.

DPDzero had earlier raised $4.7 million from Better Capital and Anmol Maini Ventures, according to Tracxn.