VC Fund Investments

Biz automation startup EvoluteIQ raises $20-M led by European investors

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Bangalore- and Europe-based enterprise automation platform EvoluteIQ has raised USD 20 million in equity and debt led by Round2 Capital, with participation from Nordea Growth Fund, DCAP Select, and PH Ventures. The fresh capital will be used towards enhancing its AI automation platform and expanding its global footprint.Founded in 2019 by Sameet Gupte, EvoluteIQ provides an AI-powered, end-to-end intelligent business automation platform that helps enterprises streamline workflows, cut costs, and scale efficiently across various industries.

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