Assiduus Global, a financial technology firm, has raised United States dollar 25 mn in a pre-Series B round led by Bajaj Finserv.

The funds will be used to scale its lending orchestration platform and to deepen integrations with lending partners. Management intends to allocate the capital to expand engineering and product teams and to enhance data and risk analytics capabilities. Priority will be given to platform robustness, automation of underwriting workflows and improvements to customer onboarding journeys.

The company will also pursue partnerships with banks and non-bank financial companies to broaden distribution and service offerings. These measures are expected to shorten time to credit decisioning and to increase the range of lending options available through the platform. Digital credit intermediation and technology driven loan origination remain areas of active investment as lenders modernise underwriting and distribution.

Platforms that can orchestrate multiple lender relationships and standardise data flows seek to lower acquisition costs and improve borrower experience. The fresh capital positions the firm to capitalise on the shift toward embedded finance and to respond to evolving compliance and regulatory requirements. Company leadership indicated that the proceeds from the USD 25 mn round will be deployed to support hiring, technology upgrades and market expansion while maintaining focus on risk management.