VC Fund Investments
Fraud prevention solutions provider RaptorX.ai raises Rs.4-Cr
Mumbai-based fraud prevention software platform RaptorX.ai has raised INR 4 crore in a round led by PeakXV Spark, EagleWings Ventures, and Point One Capital. The round also saw participation from angel investors Peyush Bansal and Aman Gupta.The fresh funding will be used by the company for enhancing its artificial intelligence and machine learning capabilities, which will allow the expansion of the market in banking and e-commerce sectors.Founded in 2023 by Pratyusha Vemuri, Raptors.ai is a B2B (business-to-business) fraud prevention solutions provider. The company also provides real time identity verification.
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