PE Fund Investments
Regulatory-tech co TSS Consultancy raises funding from WestBridge Capital
Mumbai-based TSS Consultancy, a regulatory tech company, has received investment from WestBridge Capital at a valuation of INR 900 crore. The funds will be used for research and development, with a focus on artificial intelligence, as well as for expanding the firm's SaaS offerings, and for launching financial crime-related new products. Founded in 2008, TSS Consultancy, through its TrackWizz platform, enables finance industry players to combat financial crime, money laundering, and terrorist financing. TSS Consultancy operates in India, South Africa and the US, employing more than 400 people across regions.
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