Private Equity PE-VC Fund Investments
Data curating firm Deccan AI raises $25-M from A91 Partners, Susquehanna, Prosus
Hyderabad- and San Francisco, CA (USA)-based artificial intelligence startup Deccan AI has raised USD 25 million in a round led by growth equity firm A91 Partners, with participation from Susquehanna International Group (SIG) and Prosus Ventures.For enterprises, Deccan AI has products such as 'Helix', a hybrid human-plus-automated evaluation suite, and 'EnterpriseOS', which focuses on automating back- and middle-office workflows. The company is primarily targeting Fortune 500 firms, with global capability centres (GCCs) serving as a key entry point.For A91 Partners, which has backed companies such as Blue Tokai Coffee, Healthkart, Aye Finance and Giva, this is the first investment in an artificial intelligence startup.