ReferIndia News AxiTrust raises Rs 23.5 crore in seed round led by General Catalyst

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AxiTrust raises Rs 23.5 crore in seed round led by General Catalyst

Published on: Nov. 26, 2025, 6 a.m. | Source: The Economic Times

Atrium Angels, YAN Network, and Supermorpheous participated in the seed funding round for the startup that builds digital infrastructure for surety bonds. Surety bonds are insurance-backed alternatives to bank guarantees that do not require MSMEs to lock up collateral. These bonds are witnessing greater adoption in India, growing from Rs 5,000 crore in April 2024 to Rs 60,000 crore in September 2025.

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