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The funding round also saw participation from existing investors including Lightspeed India Partners and Burman Family Office, among others.
Venture capital firm Bessemer Venture Partners joined the cap table as a new investor, while existing backers Khosla Ventures and Peak XV Partners also participated in the funding round.
The round also saw participation from existing investors Lightspeed and Z47.
The round values the company at around $500 million.
The funding round also saw participation from existing investors Lightspeed and Info Edge Ventures.
The startup also received its final approval from the RBI to act as a payment aggregator for cross-border transactions.
Portkey will use the funds to launch go-to-market initiatives, build the governance layer for agentic AI, and develop platform infrastructure for scale.
This funding round also includes a portion of the previously announced investments from Microsoft and Nvidia.
The funding round saw participation from Prosus, Lightspeed, Together, and Y Combinator.
Emergent will use the fresh capital for product development, and global and team expansion.
The funding round saw participation from Together Fund, Y Combinator, Prosus Ventures, and angel investors.
The funding round saw participation from 8i Ventures, along with angel investors including Meesho founders Vidit Aatrey and Sanjeev Barnwal.
The fresh capital will help AI startup expand its capacity to meet growing enterprise demand.
The fresh capital will be used to accelerate technology platform development and expand into secondary and tertiary markets.
The startup will use the fresh capital to develop its learning infrastructure for its agentic AI offerings and expand its team.
Stable Money is raising Rs 173 crore (around $20 million) in a round led by Fundamentum Partnership Fund, with participation from Z47, Lightspeed India...
The initiative, launched in partnership with Peak XV and Lightspeed, targets sectors like fintech, e-commerce, healthcare, and education.
