Flourish Ventures Backs SalarySe with $11.3 Million for AI-Driven Credit Expansion

Indian fintech firm SalarySe raised $11.3 million in a round led by Flourish Ventures to enhance its digital credit and lending infrastructure. The company plans to use AI tools for credit scoring, risk prediction, and user onboarding automation. Expansion plans target underserved borrowers in smaller Indian cities. Management said the funding will accelerate new partnerships and strengthen product capabilities. Analysts view the raise as part of the ongoing fintech consolidation wave, with AI integration emerging as a key growth differentiator.