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The funding round also saw participation from existing investors Unleash Capital Partners and CDM Capital.
The fund witnessed backing from around 35 Japanese Limited Partners (LPs), or investors, underlining continued interest from Japan in India's startup ecosystem.
The Noida-based startup will use the fresh capital to boost its existing use cases, accelerate product development and push its go-to-market strategy.
Existing investor Xponentia Capital participated in the funding round.
The proceeds will be used to expand its partnerships to over 25 financial institutions, enhance its AI-driven technology stack, and strengthen its presence.
