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The round also saw participation from existing investors Notable Capital, NEA, Neo Ventures and 8VC, along with new investors Acrew, Forerunner, Goodwater and Peak XV.
The investment comes as the Sachin Bansal-led fintech firm prepares to file documents for initial public offering.
With the latest funding, the microfinance institution has raised Rs 70 crore in total funding during the current financial year ending on March 31, 2027.
The round also saw participation from Vertex Ventures Southeast Asia and India and existing investor 3one4 Capital.
The funding round also saw participation from existing investors including Lightspeed India Partners and Burman Family Office, among others.
The funding round also saw participation from DeVC, Antler India, Panthera Peak, and a group of angel investors.
Global card network Visa is looking to offer issuing and acquiring solutions to banks globally, according to a source.
The Bengaluru-based startup will use the fresh capital to accelerate the development of enterprise-grade AI solutions and strengthen its Forward Deployed Engineer (FDE) model, among others.
The funding round also saw participation from Luthra Group and follow-on investments from existing investors SVL-SME Fund (managed by SBI Ventures Limited), Rainmatter Capital, and 8X Ventures Fund I.
The round also witnessed participation from existing investors Chiratae Ventures, Varanium Fintech Fund, and VCMint.
The Bengaluru-based startup will use the fresh capital to strengthen its underwriting, actuarial, catastrophe modelling, and AI capabilities.
The funding round also saw participation from other existing investors Peak XV Partners, RTP Global, and Z47.
The funding round was raised from VC firms Stellaris Venture Partners and 3one4 Capital, and a group of prominent angel investors including Swiggy CEO Sriharsha Majety.
The round also saw participation from Razorpay and Wyser Capital.
The funding round will also see participation from Glade Brook Capital, Gaja Capital, Indigo Ventures, and several angel investors and family offices.
The funding round also saw participation from existing investor Negen Capital.
The round also saw participation from Pentathlon Ventures, Silicon Road Ventures, and existing investor Titan Capital.
The latest round gives ServiceNow Ventures an around 5% stake in the Noida-based company.
