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The funding round also saw participation from Prime Venture Partners, Magnifiq Capital Trust, and other angel investors.
The investment round also saw participation from Shepherd's Hill Private Equity, ESV-Arthya AIF, and Roots Ventures.
Elevation Capital and Accel India participated in the investment round.
The fresh capital will be used towards scaling PMS operations, deepening its research capabilities, and rolling out new products.
The startup will use the funds for developing a tech-based lending platform and expanding their customer base in India.
The funding round also saw participation from existing investors Blume Ventures and Dallas Venture Capital.
The fresh capital will be used to expand globally including India, which is emerging as a key market.
The funding round also saw participation from Atrium Angels, YAN Network, Supermorpheous, and other angel investors.
The funding round saw participation from Prudent Investment Managers, Kae Capital, Elev8 Venture Partners, and existing angel investors.
Jitendra Gupta, founder, Jupiter Money, also invested in the round in his personal capacity.
Major agentic products like CrewAI, Flowise, and Langflow integrate Mem0 natively.
In addition, the company raised Rs 110 crore in debt from IDFC and Axis Bank.
The funding round was raised at a valuation over $10 billion, more than double the valuation of $4 billion earlier this year.
The fresh capital will be used for TransBnk's expansion into Middle East and Southeast Asia.
Existing investor Xponentia Capital participated in the funding round.
