Fintech Startup axiTrust In Talks To Raise $5 Million Series A

26 Oct 2026, 7:59 pm · 2h ago · 1 min read · Inc42New

Amount

$5M

Stage

Series A

Lead

Argor.vc

Fintech startup axiTrust is in advanced discussions to raise approximately $5 million in a Series A funding round led by Singapore-based Argor.vc. Existing backer General Catalyst is also expected to participate in the round. Founded in 2024 by Aditya Tulsian, Rajeev Chari, and Mukund Daga, axiTrust issues, underwrites, and manages digital surety bonds as an alternative to traditional, collateral-heavy bank guarantees. The fresh capital will fund digital infrastructure development to accelerate adoption of surety bonds, aiming to unlock over Rs 15 lakh crore in working capital currently locked up by Indian MSMEs.