Spend mgmt s’ware maker Dice raises $5-M from Dallas Venture Capital, GVFL

Pune-based SaaS enterprise spend management platform Dice has raised USD 5 million (INR 42 crore) led by Dallas Venture Capital, with participation from GVFL..The startup plans to use the new funds for go-to-market initiatives and to enhance AI capabilities.Co-founded by its CEO Prashant Singh Kushwah, Dice is a corporate spend orchestration, digital commerce and payments platform for enterprises. The startup claims that its connected ecosystem hosts over 500,000 employees and 150,000 vendors, processing transactions worth USD 1.5 Billion, annually.