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.
Want to receive such news items in your inbox? Click Here to sign up for a trial.
