New Delhi, June 6 -- In a strategic move that signals the maturation of India's fintech ecosystem, Decentro, the API banking platform powering over Rs.50,000 crore in annual payment volumes, has closed a Rs.30 crore Series B funding round. It will also be reversing its parent entity's location from Singapore back to India over the next 12-18 months.

The raise comes at a time when Decentro has achieved profitability and solidified its position as the infrastructure backbone for over 1,300 companies across NBFCs, fintech platforms, digital lenders, and banks-making it one of the few Indian fintech infrastructure companies to scale to enterprise dominance while maintaining successful unit economics.

Led by InfoEdge Ventures, with participa...