India, March 28 -- Mumbai-based fintech startup axiTrust Surety is raising INR 22 Cr in a seed round led by US-based VC firm General Catalysts. As per the startup's regulatory filings, the startup's seed funding round will see participation from Veltis Capital, Good Capital, AngelList, among others.

A mail sent to axiTrust Surety's cofounders Aditya Tulsian and Mukund Daga didn't elicit any response at the time of publishing this story.

Founded in 2024 by Tulsian (cofounded numberz), Daga (former head of credit solutions at AON India), and Rajeev Chari (cofounder numberz), axiTrust Surety offers micro surety bonds to micro and medium, small enterprises (MSMEs) .

Tulsian on his LinkedIn states that axiTrust helps businesses transact fre...