AI fintech startup Oolka has raised $14 million in a Series A funding round led by Accel, with participation from existing investors Lightspeed and Z47.
The round also saw participation from Vidit Aatrey and Sanjeev Barnwal in their personal capacity.
Founded in 2024 by Utkrishta Kumar, Oolka is building AI-driven financial agents designed to assist users across the entire financial lifecycle from identifying credit issues to offering personalised, actionable solutions.
The company aims to move beyond traditional transaction-led financial services by creating a context aware financial system, where AI agents actively guide users in managing their finances.
Oolka plans to use the fresh capital to expand its product capabilities, enhance its AI infrastructure, and evolve into a full stack financial operating system for Indian consumers.
According to founder Utkrishta Kumar, the current financial ecosystem leaves users to navigate complex decisions on their own. Oolka’s approach focuses on proactive financial assistance, helping users make informed decisions based on their unique financial context.
The funding highlights growing investor interest in AI-native fintech platforms, particularly those focused on automation, personalisation, and end-to-end financial management.
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