Bengaluru-based API banking platform Decentro has raised Rs 30 crore in a series B round led by InfoEdge Ventures, with participation from Stargazer Growth (backed by Groww CEO Lalit Keshre) and existing investors, including Uncorrelated Ventures.

The Y-Combinator-backed firm is also moving its headquarter from Singapore to India, and the process is estimated to be completed within the next 12 months.

The fresh capital will be used to deepen enterprise adoption, enhance product capabilities, and expand overall trade and marketing (GTM) initiatives across financial institutions, including banks, non-banking financial companies (NBFCs), fintech platforms, and digital lenders.