Fundly.ai Secures $4 Million Led by Accel and Multiply Ventures

8 Sept 2026, 10:08 am · 4d ago · 1 min read · Entrackr

Amount

$4M

Lead

Accel

Mumbai-based B2B pharma distribution and financing startup Fundly.ai has raised $4 million in equity funding led by existing investors Accel and Multiply Ventures. The round also saw participation from former RBL Bank executive director Rajeev Ahuja alongside angel investors, while the company secured an additional $0.9 million in venture debt. Founded in 2021 by Amit Chawla and Shreeram Ramanathan, Fundly.ai offers pharma supply chain participants digital commerce, embedded credit, and settlement infrastructure. The startup plans to deploy the fresh capital to expand its digital commerce, payments, and credit offerings for pharma retailers across India.