GoodScore allows users to manage their credit status through personalized, AI-powered insights and expert guidance, helping them improve their credit scores and manage their loans | Photo credit: Andrii Yalanskyi; iStockphoto
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.
GoodScore plans to use the raised funds to deepen its AI-led advisory offering, expand its technology, product and operations teams and further enhance its lending marketplace, connecting borrowers and lenders across India.
Founded in 2023 by Sanchit Bansal, GoodScore enables users to manage their credit status through personalized, AI-powered insights and expert guidance, helping them improve their credit scores and manage their loans.
Fintech NBFCs now account for almost three-quarters of all personal loans by number, and delinquencies are rising as borrowers put pressure on themselves. As of March 2025, the number of personal loans more than 90 days past due rose to 3.6 percent, the highest in six quarters, while the number of credit card dues 91 to 360 days past due rose 44 percent year-on-year to nearly ₹34,000 crore. This spike can be linked to borrowers simultaneously holding three or more unsecured loans, creating a need for responsible credit management tools that bring visibility, control and discipline back to consumers’ financial lives.
GoodScore offers an integrated, AI-powered credit management platform that brings together credit bureau data, transactional insights and behavioral patterns to provide real-time credit monitoring, personalized score improvement guidance and repayment tracking, all in one place. The platform also features AI-powered educational content, expense tracking, and access to human experts, helping users make smarter financial decisions, improve their credit scores, and maintain healthy credit habits.
Sanchit Bansal, Founder of GoodScore, said, “We started GoodScore with the belief that managing credit doesn’t have to be as stressful or confusing as it is today. We want to change the way Indians approach credit by bringing every user’s credit life into a single picture, helping them understand their loans, track payments and make informed, data-driven financial decisions. take. Our aim is to make responsible credit management a regular habit for millions of Indians.”
Borrower base
Ishaan Mittal, Managing Director of Peak unlocks credit access and drives true financial inclusion in India. We are proud to be part of this mission with Sanchit and team.”
Mayank Jain, Director, Stellaris Venture Partners, said: “Having known Sanchit for over a decade, I have seen first-hand his deep customer-backward orientation and product-first mentality. That belief made it natural for us to back him from day zero, and that is reflected in GoodScore’s formidable customer NPS and user trust. The company’s strong appeal today reflects the day the increasing 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 launch, GoodScore has rapidly scaled to millions of active users across India, with strong adoption in Tier-2 and Tier-3 cities.
Published on October 13, 2025
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