Debt collections is the backbone of lending, however collections today are run by collection agencies who care very little about the borrower and mostly care about their commissions. With a vision to build India’s best collections company, DPDzero has announced raising $7million in Series-A funding led by GMO VenturePartners – Japan’s premier fintech focused VC, SMBC Asia Rising Fund, and Blume Ventures, which has doubled down since the previous round. It also saw participation from India Quotient, Sinarmas Group and others.
This capital will fuel the development of DPDzero’s multi-lingual AI collection agent and power the launch of a network of professional field collection agents, laying down the high-performance collections infrastructure that Indian financial institutions need.
“Collection has been the ignored stepchild of lending; it’s low tech, low intelligence, and worryingly, low ethics, as well. We are building the collections company India has been waiting for – reinventing everything from the ground up, bringing back the dignity it really deserves.” – Ananth Shroff, CEO & Founder of DPDzero shares his motivation.
DPDzero blends behavioural data, AI agents, and razor-sharp human ops to deliver collection outcomes that outperform the industry without compromising on borrower experience. While most large lenders still rely on outdated agencies or bloated in-house teams, DPDzero is building what the market actually needs: a high-efficiency, high-empathy collection machine that scales.
“Collections is the least evolved part of India’s lending stack and DPDzero is playing a key role changing that. Their ability to combine emerging tech, human ops and borrower intelligence has made a great difference for us at Moneyview, both in terms of collections velocity and borrower experience. This is the future of collections and we’re glad to be ahead of the curve” – Rahul Patidar, CRO at Moneyview shares his views about DPDzero.
In the last 18 months, DPDzero’s revenue has grown by 6X, becoming the trusted collections partner for leading Fintechs and NBFCs like Tata Capital, Moneyview, L&T Finance, Manappuram Finance, and others with India’s largest banks expected to onboard shortly.
“Over the past decade, GMO VenturePartners has been deeply committed to India’s fintech ecosystem. As the credit landscape matures, collections remain its most under-served frontier. We believe DPDzero is building the foundational collections infrastructure by combining AI, execution-first DNA, and the kind of founder obsession required to disrupt the category. We’re proud to back Ananth and Ranjith as they reimagine collections for India. ”- Ryu Muramatsu – Founding Partner of GMO VenturesPartners
“As digital lending expands into emerging and diverse markets, the ability to manage collections with consistency and compliance becomes increasingly important. By redefining debt collection through AI-driven personalization and real-time borrower protection, we believe that DPDzero is helping build a more efficient and responsible financial ecosystem,” said Keiji Matsunaga, General Manager of the Digital Strategy Department at SMBC.
“When we first backed DPDzero, we bet on two relentless founders chasing an unsexy but massive problem. Today, they’ve built a product lenders love, scaled revenues 6X, and are winning serious institutional trust. We’re doubling down and backing their vision. This isn’t just a collections company, it’s the company that will define how collections in India should work.” – Sajith Pai, Partner at Blume ventures
India is headed toward a $6 trillion credit economy, but the ability to lend will depend on the ability to collect. Collections is no longer a back-office function – it’s a growth enabler and trust engine for financial institutions. DPDzero is pioneering an ethics-first, tech-led approach to lead India’s collections revolution.
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DPDzero is a full stack Human + AI Collections Platform built for India’s leading lenders. It combines AI, automation, and ethical human intervention to help institutions accelerate recoveries, improve borrower experience, and put collections on autopilot.
DPDzero is trusted by industry leaders like L&T Finance, Tata Capital, Moneyview, Paysense, and others to manage repayments of over 1 crore borrowers in India.