GoodScore Raises $13M to Transform How Indians Track and Manage Credit
: GoodScore, a Bengaluru-based AI-powered fintech platform, has raised $13 million in Series A funding, led by Peak XV Partners, with participation from existing investors Stellaris Venture Partners and Saison Capital. Founded in 2023 by Sanchit Bansal, GoodScore enables users to manage their credit health through personalised, AI-driven insights and expert guidance, helping them improve their credit scores and manage their borrowings.
India’s booming fintech ecosystem has made access to credit easier than ever, but it has also led to growing over-leverage and repayment stress. With multiple loan and credit-card options at their fingertips, many consumers are now juggling several EMIs without full visibility into their obligations. Fintech NBFCs now account for nearly three-fourths of all personal loans by count, and delinquencies are rising as borrowers stretch themselves thin. As of March 2025, personal loans overdue by more than 90 days rose to 3.6%, a six-quarter high, while credit-card dues overdue for 91-360 days surged 44% year-on-year to nearly ₹34,000 crore. This spike can be linked to borrowers holding three or more unsecured loans simultaneously, creating a need for responsible credit management tools that bring visibility, control and discipline back to consumers’ financial lives.
To solve this growing challenge, GoodScore offers an integrated, AI-powered credit management platform that brings together credit bureau data, transactional insights, and behavioural patterns to deliver real-time credit monitoring, personalised score improvement guidance, and repayment tracking, all in one place. The platform also features AI-led educational content, spend tracking, and access to human experts, helping users make smarter financial decisions, improve their credit scores and maintain healthy credit habits. GoodScore serves India’s growing base of credit-active users, from young earners to seasoned borrowers, enabling them to understand, manage and improve their credit profiles with confidence, and ultimately access loans at affordable rates.
Sanchit Bansal, Founder, GoodScore, said: “We started GoodScore with the belief that managing credit shouldn’t be as stressful or confusing as it is today. We wish to change how Indians interact with credit by bringing every user’s credit life into one view, helping them understand their loans, track payments and make informed, data-driven financial decisions. Our goal is to make responsible credit management a mainstream habit for millions of Indians.”
Ishaan Mittal, Managing Director, Peak XV, “India has an active borrower base of over 250 million consumers. GoodScore is on a mission to empower them by putting them in charge of their credit health. They can track scores, take actionable steps to resolve bureau disputes and manage repayments seamlessly. GoodScore is not just helping users improve scores, it is unlocking credit access and fueling true financial inclusion in India. We are proud to be a part of this mission with Sanchit and team.”
Mayank Jain, Principal, Stellaris Venture Partners, said, “Having known Sanchit for over a decade, I have seen firsthand his deep customer-backwards orientation and product-first mindset. That conviction made it natural for us to back him from day zero, and it is reflected in GoodScore's formidable customer NPS and trust among users. The company's strong traction today reflects the rising importance of credit health in India, with COVID serving as a key catalyst in this shift. As a partner since 2023, Stellaris has been privileged to support GoodScore's journey, and we look forward to the continued impact they will create.”
Since its launch, GoodScore has rapidly scaled to millions of active users pan-India, with strong adoption across Tier 2 and Tier 3 cities. GoodScore plans to use the funds raised to deepen its AI-led advisory offerings, expand its tech, product and operations teams, and further enhance its credit marketplace, connecting borrowers and lenders across India.
