Decentro raises INR 30 Cr in Series B funding, signaling strong investor confidence in India’s fintech growth. What’s the real takeaway here? It’s not just the money. It’s the clear signal: serious players believe India’s financial tech plumbing is ready for prime time. InfoEdge Ventures led the round, with Stargazer Growth and faithful old backers like Uncorrelated Ventures doubling down.
But let’s cut to the real plot twist: Decentro is planning to bring its parent entity back to India from Singapore in the next 12 to 18 months. That’s a reverse flip—and not just a legal shuffle. It’s a loud, confident “yes” to India’s maturing regulatory framework, and it marks a shift in how global-facing Indian startups see their future: rooted, not outsourced.
Founded by Rohit Taneja and Pratik Daudkhane in 2020, Decentro’s mission is simple: make embedding banking services into apps and systems as easy as plugging in Lego blocks. Their latest tools—Scanner and Neobot—aren’t gimmicks; they’re part of a full-stack strategy to turn tedious, compliance-heavy banking functions into developer-friendly modules.
With this new funding and a deliberate move to reshore the company’s HQ, Decentro isn’t just playing defense—it’s doubling down on India as the launchpad of fintech innovation.
1. Introduction: Decentro’s Strategic Leap Amid India’s Fintech Boom
Another day, another fintech deal? Not quite. Decentro’s INR 30 Cr raise isn’t just another funding announcement—it’s a pulse check on the mood of India’s startup scene. And it’s beating strong. More telling is their decision to reverse flip operations from Singapore to India. In startup lingo, that’s not just a tactical tweak. That’s a philosophical pivot.
This “reverse flipping” isn’t trendy jargon—it’s realignment. Startups that once set up shop overseas for easier capital access are now boomeranging back to India. And if you’re asking why now, you haven’t been paying attention: regulation has matured, investors are playing long-term, and local capital is finally showing up.
2. Decentro’s Vision: Building India’s API Banking Backbone
2.1. What Does Decentro Do?
Decentro isn’t just another SaaS company slinging APIs. It’s the scaffolding behind banking integrations for ambitious startups and legacy institutions that don’t want to reinvent the wheel. Want to onboard customers, do KYC, move money, lend, stay compliant—all without going insane? Decentro’s got you covered. It’s banking infrastructure for the impatient innovator.
2.2. Revenue Model
No rocket science here—Decentro charges based on usage. It’s a clean SaaS model where customers pay for what they consume: API calls, data hits, etc. This pricing structure is a win-win: scalable for giants, affordable for the scrappy.
3. A Strategic Funding Boost
3.1. Details of the Series B Round
InfoEdge Ventures led the charge, flanked by Stargazer Growth and repeat believers like Uncorrelated Ventures. This wasn’t a cash grab—it was a credibility boost. Prior rounds helped Decentro get on its feet; this one’s about helping it fly.
3.2. Fund Utilization Strategy
CEO Rohit Taneja isn’t mincing words: the money’s going into real, usable growth. Think deeper partnerships, beefed-up products, and a marketing engine that does more than just buy Google ads. Scanner and Neobot? Just the beginning.
4. Reverse Flipping: The Big Structural Shift
4.1. What Is Reverse Flipping?
Reverse flipping is when a startup moves its parent company back to India after incorporating abroad. For years, Indian founders parked their HQs in Singapore or Delaware to navigate global VC circuits. But now? They’re flipping back, and not just out of nostalgia.
4.2. Decentro’s Decision to Flip Back
Currently domiciled in Singapore, Decentro’s heading home. And not for sentimental reasons. India is where its market lives, where the regulators matter, and where the long-term upside lies. This isn’t a retreat—it’s a homecoming with purpose.
4.3. Why Now?
Rohit put it plainly: “India is where it all started.” That’s not just branding—it’s a reflection of confidence in India’s evolved digital economy and increasingly startup-friendly policies. Basically, the startup isn’t trying to be everywhere—it’s trying to be exactly where it matters.
5. Decentro’s Product Offerings and Innovations
5.1. Core Services
Here’s what Decentro does better than most:
- API Banking: No-code/low-code integration of everything from account setup to payments.
- Compliance Tools: Think automated KYC, AML screening, and risk scoring—at scale.
- Lending Stack: End-to-end credit disbursement logic in neat, developer-friendly boxes.
5.2. New Products Launched
- Scanner: Real-time risk analysis engine that uses AI to size people up before they cost you.
- Neobot: A multilingual AI voice assistant that actually gets collections done—across languages, across geographies.
These aren’t vanity projects—they’re built to solve the dirty, real-world problems of scaling fintech ops.
6. Founders and Startup Journey
6.1. Meet the Founders
Rohit Taneja is a fintech lifer, with stints at PayU and Kotak. Pratik Daudkhane’s background? Operations-heavy, consultancy-driven—think systems, not slogans. Together, they’re the kind of duo you actually want building your infrastructure.
6.2. The Founding Story
Frustrated by how painful and slow banking integrations were, Rohit asked the obvious question: “Why can’t finance work like Lego?” That thought became Decentro—plug, play, launch, repeat. No more cobbling together 10 vendors for one product.
7. Industry Trends and Opportunities
7.1. Growth of Fintech in India
The numbers are dizzying: $150 billion by 2025? Sure, but beyond stats, India is becoming the sandbox for API-first finance. What used to be global experiments are now India-first launches. The demand’s real, the infra’s improving, and the appetite for innovation is off the charts.
7.2. Competitor Landscape
Some names in the ring:
- Direct Rivals: Setu (now with Pine Labs), M2P, Tartan, Cashfree
- Indirect Players: RazorpayX, Zeta, Perfios
Everyone’s doing a slice of the embedded finance pie. But Decentro’s full-stack model gives it a rare edge—it’s not just piping; it’s plumbing with insulation, switches, and a fuse box.
8. Strategic Impacts of the Reverse Flipping Move
8.1. Boost in Domestic Valuation
By redomiciling in India, Decentro isn’t just saving paperwork—it’s unlocking local investor access, better IPO pathways, and regulatory synergy. For once, staying home might actually pay more.
8.2. Aligning with Startup India Policies
Government programs aren’t just slogans. Local incorporation opens up subsidies, grants, and legit policy backing under Startup India, Digital India, and Atmanirbhar Bharat. The upside? Strategic incentives meet structural alignment.
9. Learning for Startups and Entrepreneurs
Here’s the unfiltered takeaway: where you incorporate matters. Reverse flipping isn’t a legal curiosity—it’s a growth enabler. It affects everything from cap tables to compliance to exit options.
Also—enterprises want reliability, not MVPs. Build modular, build secure, and don’t waste time reinventing workflows that APIs can solve in hours.
And above all—stay close to your core market. Decentro is thriving because it knows where its customers are, and it’s staying close.
Conclusion: A Decisive Moment for Decentro and India’s Fintech Future
This isn’t just another Series B closeout. Decentro’s INR 30 Cr raise and bold decision to flip back to India marks a deeper shift—one that says Indian regulation is no longer a hurdle, but an asset. This is about conviction, not convenience.
As Decentro grows its enterprise toolkit and doubles down on India-first development, it’s not just chasing trends—it’s helping shape them. Watch this space.
About Foundlanes
At foundlanes.com, we don’t just report—we decode. Stories like Decentro’s matter because they reflect what’s actually happening behind the fundraising headlines. If you want to understand how strategy, regulation, and tech intersect especially in India’s fintech boom—stick with us.