Mannjal

Based in India, Mannjal Technologies Private Limited creates innovative digital solutions to enhance credit access for various financial institutions, including banks and microfinance entities. Mannjal Technologies Private Limited, founded in 2023 and headquartered in Bengaluru, India, operates an AI-ready lending platform that facilitates credit access for financial institutions. The company has raised INR 175 million in its SEED funding round co-led by Arali Ventures and B Capital, with other investors including Gemba Capital and Sparrow Capital. This funding, raised on December 3, 2025, is allocated to expand their lender network and enhance their product offerings.

Mannjal offers an AI-ready unified lending platform designed to facilitate and enhance credit access for a diverse array of financial institutions including Banks, Non-Banking Financial Companies (NBFCs), Microfinance Institutions (MFIs), Business Correspondents (BCs), and Lending Service Providers (LSPs). The core product encompasses a modular lending orchestration platform that supports a spectrum of lending initiatives such as co-lending partnerships, digital lending partnerships, and direct assignment securitization. Mannjal focuses on productive, priority sector-linked credit products, targeting areas such as Micro, Small, and Medium Enterprises (MSMEs), agriculture, affordable housing, and education loans. Mannjal generates revenue through a structured transactional framework involving partnerships with financial institutions that utilize its platform.

The company facilitates B2B transactions, allowing lenders to access diverse asset pools and streamline loan processing via a single portal. Revenue streams are primarily derived from subscription fees for platform access and transaction fees associated with the facilitation of loans among its network of lenders and borrowers. In December 2025, Mannjal raised INR 175 million in Seed funding, which will be utilized to expand its lender network and enhance its product offerings. The company aims to launch upcoming products designed to improve operational efficiency and expand into new geographic markets, specifically targeting underserved urban and rural regions across India.