Press release
LegaLogic Consulting has advised Pentathlon Ventures on its investment in Neurofin AI Technologies Private Limited
LegaLogic Consulting has advised Pentathlon Ventures on its investment in Neurofin AI Technologies Private Limited as part of the company's US$ 1.6 Mn Seed Round.UNLEASH Capital has announced that it has led a USD 1.6 million seed funding round in Neurofin, a GenAI-first enterprise platform that is transforming operations and compliance automation for India's banking and financial services industry.
The round also saw participation from leading investors including Pentathlon Ventures, Fintech Yatra, and Antler.
Neurofin is re-architecting the operational backbone of the BFSI sector using a modular suite of AI-powered agents that automate documentation, audits, compliance, and fraud checks-enabling same-day disbursal of complex secured loans that traditionally take up to 7 days.
Founded in May 2024 and headquartered in Bangalore, Neurofin is already working with marquee clients like AU Small Finance Bank, Tata Capital, Muthoot Fincorp, and Jio Payments Bank. The company is on track to scale to USD 3 million annual revenues by FY26 based on current product offerings alone.
Neurofin's platform targets a large market for documentation and operations automation in India's secured lending industry, with a TAM of over USD 850 million.
UNLEASH's investment is part of its thesis on backing category-creating, tech-led infrastructure startups in large but under-digitized sectors.
Pentathlon Ventures is a seed stage venture fund investing in B2B SaaS companies from India. Neurofin.Ai is a vertical AI SaaS company redefining secured lending in India's BFSI sector.
LegaLogic Consulting was the sole legal counsel for Pentathlon and advised on drafting, negotiation and finalization of the transaction documents.
Ankur Sangwan worked on this deal with Amit Deshpande.
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LegaLogic is a full-service law firm focusing on providing imperative, ingenious, and integrated solutions to its clients. LegaLogic provides a broad range of services ranging from transaction, regulatory, advisory, and dispute resolution services from across a multitude of industries and sectors including domestic and foreign commercial enterprises, financial institutions, private equity, and venture capital funds, and start-ups.
We, as a firm, acknowledge and understand the faith and reliance placed upon us by our clients and hence, we strive to establish and maintain a rigorous and client-centric change management process, designed and implemented keeping the interest of the client as its guiding principles.
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