Bengaluru-based fintech startup GoodScore has secured $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 leverages AI-powered insights to help users track, manage, and improve their credit health with ease.

Since its launch, the platform has scaled to millions of users across India, witnessing strong adoption in Tier-2 and Tier-3 cities. The new funds will be used to strengthen GoodScore’s AI-led advisory offerings, expand its technology and product teams, and enhance its credit marketplace that connects borrowers and lenders nationwide.

“GoodScore aims to make responsible credit management a mainstream habit for millions of Indians,” said Bansal. Backing the vision, Peak XV’s Ishaan Mittal noted that India’s 250 million active borrowers stand to benefit from tools that promote financial responsibility and transparency.