Mannjal, a full-stack lending infrastructure startup, has raised ₹17.5 crore in seed funding from Arali Ventures and B Capital, with additional backing from Sparrow Capital and Gemba Capital.
The funding will support expansion of Mannjal’s lender network and advance product development across its credit-technology platform.
Founded in 2023 by Prashant Adurty, Aman Bhargava, and Harshit Lingamneni, the Bengaluru-based company operates a full-stack lending system that helps financial institutions distribute priority-sector and impact-linked credit products at scale.
The platform enables digital and physical data journeys, integrates external information sources, and structures borrower data for credit analysis.
Institutions using Mannjal can configure workflows for risk, operations, and business teams. The company says lenders on its platform have seen reduced turnaround times and higher sanction ratios.
Mannjal has facilitated around ₹1,000 crore in disbursements over the last 18 months, spanning unsecured business loans, loans against property, and affordable housing finance. The platform currently partners with over 75 lenders.
