Cybrilla

Cybrilla builds software infrastructure for mutual fund investing in India. Its API platform lets asset management companies and distributors handle fund transactions online without relying on older back-office systems. Since 2024 it has also held a registrar and transfer agent licence from SEBI.

What Cybrilla offers

• Fintech Primitives: an API platform that simplifies mutual fund transactions for distributors and fund houses, used by more than 70 partners.
• AMC middleware: API-first software that helps a fund house run digital distribution.
• Cybrilla POA: a second product for fund operations shown on its site.
• RTA services: registrar and transfer agent work under its SEBI licence, aimed at smaller investment tickets and fewer processing errors.
• ONDC mutual fund support: the company helped draft the ONDC protocol for mutual funds.

Who it works with

Its customers are mutual fund companies (AMCs) and distributors in India, including an early robo-advisor and direct fund platform.

Key facts

• Based in: India
• Founded: 2010
• Licence: RTA licence from SEBI, March 2024
• Milestone: processed the first live decentralised mutual fund transaction on ONDC in India, August 2024
• Community: contributes to open source and hosts hackathons, conferences and meetups