VC Fund Investments
Analytics engine for financial industry Auquan attracts $4.5 M led by PeakXV
Bangalore- and London-based Auquan , an analytics engine provider for the financial industry, has raised an additional USD 4.5 million in its seed funding round led by Peak XV’s Surge, with participation from Neotribe Ventures. With this, the startup has raised a total seed funding of USD 8 million.The company will allocate the capital to expand its engineering team in Bengaluru by hiring talent in AI/ML and streamlining knowledge-intensive financial workflows using AI. The team will further work on developing the company’s Retrieval-Augmented Generation (RAG) and AI agent architecture to address workflow challenges.The company offers data on over 550,000 global public and private companies and access to over two million public and subscription data sources. This data, available in over 65 languages, includes native processing for the 30 largest economies and essential supply chain hubs like India, the US, the UK, Europe, Latin America, Southeast Asia, and China.
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