Fundly.ai Secures $4 Million in Pre-Series A Round Co-Led by Accel

8 Sept 2026, 1:08 pm · 4d ago · 1 min read · Inc42

Amount

$4M

Stage

Pre-Series A

Lead

Accel

Mumbai-based B2B pharmaceutical distribution startup Fundly.ai has raised $4 million (around ₹38 crore) in a pre-Series A funding round co-led by Multiply and existing investor Accel. The round also saw participation from former RBL Bank executive director Rajeev Ahuja and several angel investors, alongside $900,000 in venture debt from Alteria Capital. Founded in 2021 by Amit Chawla and Shreeram Ramanathan, Fundly.ai builds payment, credit, and commerce infrastructure connecting distributors and retailers. The startup plans to deploy the capital to expand beyond its Pune pilot, integrate distributor enterprise systems, and build data-driven supply chain analytics.