Debt Collection Startup DPDZero Nets $7 Mn From GMO Venture Partners, Others

Debt collection startup DPDZero has raised $7 Mn (around INR 60 Cr) in a Series A funding round led by GMO Venture Partners, with participation from India Quotient, Sinarmas Group, SMBC Asia Rising Fund and others.

Existing investor Blume Ventures also participated in the round.

The Bengaluru-based startup plans to use the fresh capital to develop its multi-lingual AI agent to streamline the issue of debt collection for financial institutions. Besides, the startup also plans to develop a network of field collection agents to strengthen its operations.

Founded in 2022 by Ananth Shroff and Ranjith Ramachandra, DPDzero aims to solve the problem of delayed repayments via its AI-enabled collections and debt recovery platform.

The startup uses the amalgamation of AI and human resources to help reduce delinquencies for financial institutions.

DPDZero’s AI algorithms help lenders to determine the best time, channel, and approach to reach each customer based on their behaviour patterns and also develop a debt collection strategy that keeps the borrower’s experience high.

The startup serves the likes of Tata Capital, Moneyview, L&T Finance, Manappuram Finance, and others. It claims to have increased its revenues by 6X in the last one year.

DPDZero claims to have served over 35 lakh borrowers and has enabled its clients to recover INR 150 Cr in collections.

Prior to this round, the startup last raised $3.5 Mn in its seed round led by Blume Ventures and India Quotient in 2023.

The fintech space is the most funded sector in the startup ecosystem and saw a total funding of almost $2 Bn in H1 of 2025, according to Inc42’s Indian Tech Startup Funding Report H1 2025 Since 2014, the sector has attracted more than $30 Bn in funding, another Inc42 report mentioned.

DPDZero is aiming to capitalise on the lending tech sector which is on course to breach the $1 Tn mark by 2030.

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