Resollect
Overview
Resollect is a technology-driven company based in Bengaluru, Karnataka, India, specializing in debt recovery and collections. The company was founded to address inefficiencies in the Indian banking sector's management of non-performing assets (NPAs). As of its founding in October 2024 by Abhishek Nagaraj and Kunal, Resollect has been leveraging an AI-powered platform to streamline and automate debt recovery processes, reducing compliance risks and improving operational efficiency. In 2025, the company secured a pre-seed funding round led by the venture capital firm Antler.
Recent Developments
- June 5, 2025: Resollect secured a pre-seed funding round led by Antler, with strategic angel investors participating. This funding aims to improve product offerings and expand service capabilities in NPA management.
- AI Platform Development: Resollect has been enhancing its AI-powered platform, which automates complex recovery processes and ensures regulatory compliance. This platform facilitates an integrated ecosystem for banks, legal teams, and recovery agencies, focusing on late-stage recovery and secured lending management.
- Growth in Niche NPA Management Space: The platform covers all NPA lifecycle stages, from risk assessment to post-write-off recovery, offering a comprehensive solution for financial institutions. Its strategy builder tool enables crafting and fine-tuning recovery strategies using an intuitive drag-and-drop interface.
- Industry Impact: Resollect’s technology is designed to drive down costs and increase recovery efficiency, which is crucial for the banking sector handling high-value distressed assets. The platform's automated workflows eliminate up to 60% of manual tasks, enhancing case tracking and compliance.
Company Information
| Attribute | Information |
|---|---|
| Founding Date | October 17, 2024 |
| Headquarters | Bengaluru, Karnataka, India |
| Founders | Abhishek Nagaraj, Kunal |
| Revenue | Not publicly disclosed |
| Profits | Not publicly disclosed |
| Key Investors | Antler, Mr. Sudhir Prabhu |
| Industry | Debt Collection, AI Solutions |
| Number of Employees | Not publicly disclosed |
Early History
Resollect began its journey in October 2024 amidst India's growing complexities in debt recovery. Recognizing the inefficiencies in the handling of NPAs, co-founders Abhishek Nagaraj and Kunal laid the foundation for a unique AI-driven platform. Abhishek brought his experience as a former consultant and investment professional to propel the startup. Their vision was to create a seamless end-to-end solution integrating all stakeholders in the debt recovery process, from financial institutions to legal teams. The strategic use of AI and automation aimed to disrupt traditional manual recovery processes, establishing a new standard of efficiency and compliance in the industry.
Company Profile and Achievements
- Business Model: Resollect offers an AI-powered collections platform that automates and unites various aspects of the debt recovery process.
- Milestones:
- Launch of AI Platform: Developed a platform providing complete visibility and control over recovery workflows.
- Funding Achievements: Secured significant investment from Antler and other strategic investors.
- Product Innovation: Introduction of features like automated legal notice management, real-time case tracking, and a vendor marketplace.
- Strategic Alliances: Partnerships with legal and financial institutions to expand the platform's reach and effectiveness.
Current Operations and Market Position
Resollect operates at the nexus of technology and financial services, focusing on transforming India's debt recovery landscape. The company's platform is designed to minimize compliance risks and optimize resource allocation through automation. Resollect distinguishes itself with its comprehensive approach to late-stage debt recovery, addressing a previously underserved market segment. By improving engagement and efficiency, Resollect is positioning itself as a critical enabler within India’s financial sector, enhancing bottom-line performance for its clients.
Conclusion
Resollect, with its innovative approach to debt recovery, is shaping the future of financial services in India. Its focus on automating the complex processes associated with NPAs promises to alleviate long-standing challenges in the banking sector. As the company continues to refine its solutions and expand its market presence, it stands to make significant contributions to the industry’s operational efficiency and regulatory compliance. Given its strategic investments and technological capabilities, Resollect is well-positioned to lead advancements in financial recovery systems, potentially setting new industry standards for years to come.