Private Equity Angel Investments
ONDC enabler Adya.ai raises Rs.10.5 Cr from IAN, others
Source Adya.ai (opens in a new tab)Business World (opens in a new tab)
Adya.ai , a Hyderabad-based digital commerce enabler that claims to offer “ONDC in a box” solution, has raised INR 10.5 crore led by Indian Angel Network (IAN). About INR 3.75 crore was invested by the IAN members including Uday Chatterjee, Romesh Sobti, Sri Prakash and Hari BalasubramanianFounded in May 2023 by Shayak Mazumder (CEO & CTO), Archana Mazumder (COO), and Angad Singh Ahluwalia (CBO), Adya.ai will use the new funds to enhance its solutions and strengthen its market presence