Karta AI Raises $3 Million Seed Round to Automate Banking Support

22 Oct 2026, 3:56 pm · 3h ago · 1 min read · Analytics India MagazineNew

Amount

$3M

Stage

Seed

Lead

PeerCapital

Bengaluru-based fintech startup Karta AI has raised $3 million in a seed funding round led by PeerCapital and Cedar Hill Capital. The round also saw participation from Wyser VC, CDM Capital, and Seedstars. Founded in 2024 by former Razorpay executives Vijaypal Singh and Abhishek Kushwaha, Karta AI develops artificial intelligence agents designed to automate complex inbound customer communication for banks, insurers, and lenders. The platform currently processes around 2 million monthly conversations across 25 languages. The fresh capital will be deployed toward product development, team expansion, and scaling AI-driven automated workflows for loan servicing, failed payments, and claims.