VC Fund Investments
Nexus Ventures backed investment research focused startup Daloopa raises $18-M
New York, NY (USA)- and Noida-based Daloopa has raised USD 18 million in its Series B round led by Touring Capital with participation from Morgan Stanley and existing investor, Nexus Venture Partners.The funds will be used to further innovate Daloopa's proprietary algorithm and build product solutions that further improve the quality of fundamental data in the financial services industry, as well as accelerate Daloopa's go-to-market strategy. In addition, the firm intends to expand to Europe and Asia.Daloopa claims to have developed the world's first AI-driven technology to source, organise and distribute complete and accurate historical dataset globally.
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