AI-powered fintech startup GoodScore has raised $13 million in Series A funding, led by Peak XV Partners, with participation from Stellaris Venture Partners and Saison Capital. Founded in 2023 by Sanchit Bansal, the platform provides Indian consumers with a complete solution to track, manage, and improve their credit health.
The funding round marks a major step in the startup’s journey, giving it the capital to strengthen its AI-driven advisory system, build new product features, and expand its credit marketplace. By connecting borrowers and lenders more effectively, GoodScore hopes to improve access to responsible lending options while helping users maintain healthy credit practices.
Focus on Credit Health
GoodScore’s platform integrates credit bureau data, user transactions, and behavioural patterns to provide real-time credit monitoring. It offers personalised score improvement tips, repayment tracking tools, and even access to financial experts for guidance. The startup also shares educational content to encourage better financial habits and help consumers secure loans at affordable rates.
The AI-powered advisory system is designed to solve an important gap in India’s financial sector. While credit access has become easier in recent years, the rise in delinquencies and over-borrowing has created risks for both consumers and lenders. GoodScore’s technology provides a one-stop solution for borrowers to manage multiple loans, track repayment cycles, and make informed financial decisions.
Rising Need in India
India’s fintech boom has opened up formal credit to millions, especially in Tier 2 and Tier 3 cities. However, many first-time borrowers lack awareness about credit scores and how they affect loan availability and interest rates. This has made platforms like GoodScore an essential part of the ecosystem, offering users a clear path to responsible financial management.
Since its launch, GoodScore has rapidly grown to serve millions of active users, particularly in smaller cities where financial literacy and responsible credit usage need greater support. The startup aims to use its Series A funding to expand further and play a stronger role in India’s financial inclusion journey.
Backing from Investors
Speaking about the investment, Peak XV Partners highlighted GoodScore’s role in tackling India’s growing credit challenges with AI-led insights and personalised support. They believe that the company’s approach of combining technology with financial education has the potential to make responsible credit management mainstream.
Existing investors Stellaris Venture Partners and Saison Capital also participated in the round, reaffirming their confidence in the startup’s business model and long-term vision. Their continued backing signals industry-wide belief in the importance of platforms that balance credit accessibility with sustainability.
Scaling AI Advisory
With this new round of capital, GoodScore plans to significantly enhance its AI engine, making its recommendations sharper and more personalised. The company will also focus on expanding its tech and product teams, introducing new features for repayment tracking, and building a stronger credit marketplace that benefits both lenders and borrowers.
Founder Sanchit Bansal said the company’s mission goes beyond just credit monitoring — it is about giving Indian consumers the tools to improve their financial future. “Our vision is to become the trusted partner for every Indian who wants to manage and grow their credit health responsibly,” he added.
Fintech Platform GoodScore
At its core, Fintech Platform GoodScore is committed to building a culture of responsible credit usage in India. By leveraging AI, it simplifies the complex world of credit management into an easy-to-use mobile platform. From monitoring credit scores to offering personalised guidance and enabling smoother access to loans, it aims to empower every user to make better financial choices.
With millions already onboard and fresh capital in hand, GoodScore is now preparing to accelerate its next phase of growth. By combining AI-powered insights, financial literacy, and marketplace innovation, the platform is set to play a defining role in India’s fintech journey.
