Oolka

Oolka, based in Bengaluru, Karnataka, offers innovative AI-driven financial tools designed to improve credit scores and promote healthy credit behaviors among users. Founded in 2023 in Bangalore, India, Oolka provides solutions aimed at enhancing users' credit scores. In April 2026, Oolka raised INR 1. 3 billion in series A funding from Accel, Lightspeed, Z47.

Oolka operates as an independent firm without known subsidiaries or pivots. Oolka mainly provides AI-powered financial solutions created to improve users' credit scores while encouraging responsible credit habits. Its core offerings feature an AI Credit Score solution that delivers tailored insights into elements affecting credit scores, including credit usage and repayment history. In addition, the Oolka Credit Builder solution helps first-time users with building and strengthening their credit profiles, targeting a score of 800 or higher.

Users are able to track their loan repayments and credit card bills via the platform, gaining cashback incentives when they complete transactions. This service supports individuals seeking to enhance their financial position, especially within geographies where availability of conventional credit-building tools can be constrained, covering India and possibly other South Asian markets. Oolka’s integration with Bharat Bill Pay expands its user base to reach a wider set of customers focused on streamlined money management. Oolka’s revenue model is largely based on transaction fees and possible subscription offerings linked to its range of services.

The company earns income as users interact with its credit products, especially when using the platform to monitor and pay loan EMIs. Users receive cashback incentives, which encourage frequent engagement and disciplined payment behavior through Oolka, resulting in consistent transaction volumes. While exact pricing for its products and services is not publicly revealed, the business model suggests a B2C approach where individuals gain value through direct use of the platform’s capabilities. This revenue strategy supports the company’s objective of encouraging healthy credit practices while delivering measurable rewards for sustained financial discipline.

The company will use the April 2026 funding to expand its engineering, data science, and product teams, accelerate the rollout of real-time credit improvement tools, and build an AI-native consumer app for credit management.