VC Fund Investments
AI-based tech startup Data Sutram raises $2.07 M from Varanium Capital, Yatra Angel, others
DataSutram, a Kolkata-based AI-based tech startup, has raised USD 2.07 million in a funding round led by Varanium Capital and Yatra Angel Network. The round also saw participation from DMI Finance's Sparkle Fund, White Ventures, Seeders and other angel investors from the banking and financial services domain. Existing investors IIFL Fintech Fund and Indian Angel Network also participated. The startup is looking to scale its operations beyond India to South-East Asia & the Middle East and further invest in new data sources. Founded in 2018 by Rajit Bhattacharya, Aisik Paul, and Ankit Das, Data Sutram's proprietary AI and ML-driven data engine automatically converts raw unstructured data from satellites, mobile phones, POS machines, and several other sources to create insights that capture how people live and behave, available for any location upto 100m granularity. The startup had earlier raised funds from 100xVC, Indian Angel Network, and IIFL Fintech Fund.
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