VC Fund Investments
Document intelligence platform Cogniquest raises seed funding from Cedar-IBSi Capital, angels
Bangalore-based Artificial intelligence (AI) startup Cogniquest has raised seed funding from fintech-focussed venture capital firm Cedar-IBSi Capital and angel investors. The round saw participation from more than 25 Indian angel investors, including QuantGro cofounder Dhiraj Sinha, ex-Infosys executives Umashankar Malapaka and Visveswara Gupta, former Accenture India managing director Rajesh Bhat, Anup Naik and Santosh Rao of Zeliot, ReadyAssist’s Vimal Singh, Srinivas Majji, among others.Founded in 2022 by Satish Grampurohit and Girish Kerodi, Cogniquest claims to have built a context-aware AI platform that can capture key data points and generate actionable insights from documents and information repositories.The funding will be used to further scale up technology development, build deep-domain vertical solutions catering to finance and banking sectors, expand use cases and a team.
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