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§ Private Profile · Bangalore, Karnataka, India
Volt Money is a technology company.
Volt Money provides a digital platform for retail investors to secure instant loans against their mutual fund holdings. The service streamlines access to credit lines, term loans, and overdrafts, featuring competitive rates and flexible repayment. Users can obtain rapid liquidity without needing to liquidate their underlying financial assets.
Co-founded in April 2022 by IIT Delhi alumni Lalit Bihani, Ankit Agarwal, and Bharat Lamba, the team brings diverse industry experience. Bihani serves as CEO, Agarwal as CTO, and Lamba as CBO. Their collective insight highlighted a market need for accessible, asset-backed credit solutions, prompting Volt Money's development.
Serving retail investors across India, Volt Money offers a modern alternative to traditional lending. Its mission is to democratize credit through a fast, transparent, and secure experience. The company empowers individuals by transforming financial assets into readily available capital, enhancing personal financial flexibility.
Volt Money has raised $2.0M across 1 funding round.
Volt Money has raised $2.0M in total across 1 funding round.
Volt Money has raised $2.0M across 1 funding round. Most recently, it raised $2.0M Seed in June 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jun 1, 2023 | $2M Seed | ALL IN Capital, Bipin Shah | DST Global, Gener8tor, Idealab, Khosla Ventures, Lakestar, LGF, Next Level Ventures, Mato Peric, Aditi Kothari Desai, Ashish Kehair, Pravin Jadhav, Rahul Jain, Gemba Capital | Announced |
Volt Money has raised $2.0M in total across 1 funding round.
Volt Money's investors include All In Capital, Bipin Shah, DST Global, gener8tor, Idealab, Khosla Ventures, Lakestar, LGF, Next Level Ventures, Mato Peric, Aditi Kothari Desai, Ashish Kehair.
Volt Money is a Bengaluru-based fintech company, founded in 2022 as Salter Technologies Private Limited, that provides instant secured loans against mutual funds and stocks.[2][3][4][5][6] It serves retail investors needing quick liquidity without selling their assets, offering credit lines from ₹25,000 to ₹1 crore at interest rates starting at 9%, with flexible repayment options like overdrafts and term loans processed in under 5 minutes digitally.[2][3][4][5] The platform solves the problem of accessing funds rapidly while preserving investments, achieving early traction through partnerships like BharatPe and raising ₹123 million ($1.5M) before its acquisition by DSP Group in March 2025, after which key team members joined DSP.[2][3]
Volt Money emerged in 2022 amid India's growing fintech scene, targeting the untapped potential of mutual fund collateral for loans.[2][3][4][5][6] Founded by a team including a CEO & Co-Founder (specific names not publicly detailed in sources) with expertise in financial services, the idea addressed retail investors' need for hassle-free credit without asset liquidation.[3][6] Early momentum came from a pre-seed funding round totaling ₹123 million by June 2023, partnerships with lenders and BharatPe for loans-against-mutual-funds, and rapid expansion to over 80 cities with a paperless process enabling eligibility checks in 15 seconds and disbursals in 4 hours.[2][3] This led to its acquisition by DSP Group in March 2025, marking a pivotal exit and integration into a larger financial entity.[2]
Volt Money rides India's fintech boom in asset-backed lending, fueled by rising mutual fund penetration (over 10 crore investors) and demand for non-traditional credit amid high personal loan rates.[2][3] Timing aligns with RBI's digital lending push and post-COVID liquidity needs, competing with players like Quicklend and DhanLap in a market projected to grow as retail investing surges.[2] It influences the ecosystem by partnering with unicorns like BharatPe, expanding secured loan access, and validating the model through acquisition—accelerating adoption of collateralized fintech while navigating regulations.[2][3]
Post-acquisition by DSP Group in March 2025, Volt Money's platform and team are poised for scaled integration, potentially enhancing DSP's offerings in mutual fund-linked credit amid India's expanding wealth management sector.[2] Trends like AI-driven underwriting, broader asset collateral (e.g., more stocks/ESOPs), and regulatory easing for digital lenders will shape growth, though competition and compliance remain hurdles.[3] Its influence may evolve from standalone innovator to embedded feature in larger financial services, unlocking liquidity for millions and reinforcing fintech's role in inclusive credit—echoing its mission to make funding as effortless as investments themselves.[2][3][5]