Fenmo AI

Fenmo AI is a Bengaluru-based startup co-founded by Dhruv Goel (CEO) and Ajat Prabha (CTO), specialising in agentic AI for finance operations, deploying autonomous agents for invoice matching, reconciliation, and financial close management. The team are second-time founders with backgrounds in finance, consulting, and technology, motivated by hands-on experience with finance ops teams. One founder lived through the pain of reconciling and closing books while raising Series C capital at a previous company. The platform is purpose-built for ₹200Cr-₹2,000Cr Indian companies, and handles cash application, AR reconciliation, anomaly resolution, and ERP posting. Agents run continuously so that when a decision needs a human, the agent assigns it and waits. Nothing slips. Real results from deployments: • A customer contract had 22 monthly invoices across 4 cost centres. The team had been raising only 21 for 11 months. Fenmo caught ₹28L in unbilled revenue. • An invoice stuck at a customer for 2 months due to a wrong PO. ₹6.8L in working capital unblocked. • ₹18.4L received via NEFT with no payment advice. Fenmo found it in Gmail, matched it to 3 invoices, accounted for TDS, and posted to Zoho automatically.