"Oolka Secures $7 Million in Seed Funding to Enhance AI-Powered Credit Management Platform"

"Fintech startup Oolka has successfully raised $7 million in a seed funding round co-led by Lightspeed India Partners and Z47, with contributions from 8i Ventures and other angel investors. Oolka, founded in 2024 by Utkrishta Kumar, offers an AI-powered credit management platform to help individuals manage their credit health. SKS Advisor provided advisory services for the fundraising process."

In a recent transaction, SKS Advisor assisted the fintech startup Oolka in raising $7 million during its seed fundraise, with co-lead investors including Lightspeed India Partners and Z47, along with participation from 8i Ventures and other angel investors. Oolka, launched in 2024 by Utkrishta Kumar, offers an AI-powered credit management platform aimed at helping individuals track, improve, and manage their credit health. SKS Advisor provided comprehensive support in structuring, drafting, and negotiating transaction documents, ensuring regulatory compliance, and offering strategic guidance throughout the execution of the fundraise. The transaction was led by Neha Bhutoria, Partner, and Sandeep Kumar Singh, Managing Partner, both of whom are associated with SKS Advisor.

"Oolka Secures $7 Million in Seed Funding to Enhance AI-Powered Credit Management Platform"

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