Full-stack lending platform Mannjal has successfully raised ₹17.5 crore (approximately $2.1 million) in a seed funding round.

The investment was led by Arali Ventures and B Capital, with additional participation from Sparrow Capital and Gemba Capital.

Founded in 2023, Mannjal provides a crucial full-stack platform that helps financial institutions efficiently distribute priority-sector and impact-linked credit products. The company plans to utilize the fresh capital to expand its lender network and accelerate product development.

Mannjal’s infrastructure is designed to streamline field operations, origination, and credit decisioning, enabling lenders to significantly cut down turnaround times by 50–75%. The platform claims to have facilitated disbursements of around ₹1,000 crore over the last 18 months and currently partners with over 75 lenders.

By: Sandhya Bharti