Synopsis
The funding marks Uncia’s first institutional round and will be used to grow its presence in India and expand presence into the Middle East and North Africa (MENA), as well as North America. The fundraise comes at a time when enterprise-focused fintechs, particularly those building AI-led infrastructure, are seeing renewed investor interest even as broader fintech funding remains measured.The Hyderabad-based company provides software solutions for loan origination, loan management and supply chain finance to banks and non-banking financial companies (NBFCs). The company said its platform currently manages over Rs 2 lakh crore in cumulative loan value across clients.
The funding marks Uncia’s first institutional round and will be used to grow its presence in India and expand presence into the Middle East and North Africa (MENA), as well as North America.
“We made a deliberate choice to build before we raised. Every rupee we invested came from the conviction that solving the right problem well would lead to market validation,” said Hari Padmanabhan, chairman at Uncia. “We now have the product and validation at scale. This capital allows us to take the platform global.”
Uncia said its cloud-first platform enables lenders to configure and launch products without heavy reliance on IT systems or long implementation timelines. The company said its offering spans the full lending lifecycle, with a focus on enabling “self-serve” infrastructure for financial institutions.
As part of its technology development, Uncia has been working on artificial intelligence models in collaboration with IIT Madras, with early use cases around underwriting and operational efficiency already being deployed with clients.
Pavestone managing partner Srikanth Tanikella said the firm backed Uncia for its focus on solving core infrastructure challenges in lending. “The ecosystem is expanding rapidly, but much of the underlying technology remains constrained by legacy systems. Uncia’s platform addresses this gap while enabling scalable deployment,” he said.
The fundraise comes at a time when enterprise-focused fintechs, particularly those building AI-led infrastructure, are seeing renewed investor interest even as broader fintech funding remains measured.
