AxiTrust has raised ₹23.5 crore in a seed funding round led by General Catalyst, with participation from Atrium Angels, YAN Network, Supermorpheous, and a group of individual investors. The financing supports the startup’s mission to modernise trust and guarantee systems in India.
The company plans to use the capital to scale its digital infrastructure for surety bonds. The platform is designed to integrate with banks, insurers, and procurement systems, enabling seamless deployment and management of surety-backed products across enterprise and public-sector use cases.
Founded in 2024 by Aditya Tulsian, Rajeev Chari, and Mukund Daga, AxiTrust connects insurers and financial institutions with businesses that rely on guarantees for trade and procurement. By shifting from traditional collateral-based guarantees to insurance-backed bonds, the startup aims to improve liquidity and streamline access to credit.
AxiTrust sees surety bonds as a key driver for MSME participation in supply chains, reducing barriers that have long limited growth and expansion. The Gurugram-based venture focuses on building secure and scalable rails to support the rising adoption of digital trust products, in line with evolving market and regulatory momentum.
