This pre-Series C round brings the total equity capital raised by WeRize since its inception to more than $28 million.
WeRize, a Bengaluru- and Mumbai-based social distribution fintech platform designed for small-city India has raised $7 million in a pre-Series C funding round to fund its next phase of growth.The funding round was led by Sony Innovation Fund, with participation from existing investor 3one4 Capital.WeRize will use the fresh capital to deepen investments in its proprietary AI and technology stack, expand its product suite into investment products such as mutual funds and online bonds, launch secured co-branded credit cards and housing loans, and prepare for an initial public offering (IPO).This pre-Series C round brings the total equity capital raised by WeRize since its inception to more than $28 million. The company’s broader investor base includes prominent venture capital and private equity firms such as British International Investment (the UK government’s development finance institution) and Picus Capital.Commenting on the funding, Vishal Chopra, Co-founder and CEO of WeRize, noted that while 300 million people in small-city India are actively earning and saving, the traditional financial system still struggles to reach them with the right products at the right distribution cost.AI capabilities“This capital will help us go deeper into the AI capabilities of our unique social distribution platform, expand our product suite and prepare for the public markets, where we believe we can demonstrate that building for small-city India is one of the largest commercial opportunities in financial services globally,” he added.Co-founder and Chief AI Officer Himanshu Gupta added that the company has spent six years building an AI engine on proprietary data from markets that remain systematically unmapped by others, and a significant portion of this raise will go toward expanding these technical capabilities. Kazuhito Hadano, CEO of Sony Ventures Corporation, stated that the firm invested because WeRize has demonstrated strong execution in expanding financial access to underserved customers while building a sustainable, profitable business.The company operates an asset-light model with zero physical branches, delivering credit, insurance, and investment products across more than 5,000 cities and towns in six Indian languages. Its proprietary AI stack is trained on over 20 billion data points from 4 million households to handle distribution, automated underwriting, and product recommendations.Financially, WeRize has been profitable for three consecutive years and carries a BBB (Stable) credit rating from India Ratings (a Fitch Ratings subsidiary). As of March 2026, the company is running at an annualized gross revenue rate of $65 million, a net revenue run rate of $32 million, and an annualized pre-tax profit run rate exceeding $7 million, with a return on equity above 20%.Published on June 4, 2026
