Private Equity Fund Investments
Risk mgmt software firm Rubix raises Rs.6.2 Cr from Cactus Ventures, others
Mumbai-based Rubix Data Sciences, a technology and analytics-based B2B risk management and monitoring platform, has raised INR 6.2 crore in its second round of funding. The round saw participation from institutional investor Cactus Venture Partners, family offices and high net worth individuals (HNIs). The funds raised in the current round will be invested in enhancing the technology and analytics capabilities of the Rubix Automated Risk Management and Monitoring System (ARMS) platform. Rubix claims to have over 200 customers from the banking, credit insurance and corporate sectors.
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