Fintech startup AxiTrust has raised Rs 23.5 crore in a seed funding round led by General Catalyst along with participation from other investors and angels including Atrium Angels, YAN Network, Supermorpheous and others.
The proceeds will be used to build the digital infrastructure that will power the large-scale adoption of surety bonds across India’s banking, insurance, and procurement ecosystem, AxiTrust said in a press release.
Co-founded in 2024 by Aditya Tulsian, Rajeev Chari, and Mukund Daga, AxiTrust Surety is a technology-driven platform that…