Data Sutram Bags $9 Mn In Series A Funding

Data Sutram Secures $9 Million in Series A Funding

Fintech startup Data Sutram has announced it has secured $9 million in a Series A funding round, led by global investment firms B Capital and Lightspeed. Founded in 2019, Data Sutram uses AI and external intelligence from over 250 sources to help insurance businesses manage fraud, reduce cybersecurity risk, ensure regulatory compliance, drive growth across the customer lifecycle and assist with lending and payments. According to an official stat…

Data Sutram Secures $9M to Power Fraud Detection in BFSI Sector

Data Sutram, a B2B SaaS firm with a focus on Banking, Financial Services and Insurance (BFSI), has raised $9 million (about INR 77 crore) in Series A funding, headed by Lightspeed Venture Partners and B Capital. There were both primary and secondary agreements in the round.Rajit Bhattacharya, the founder and CEO of Data Sutram, told a media outlet that several of the original angel investors have also partially left the current fundraising effor…

Data Sutram raises $9 Mn from B Capital, Lightspeed | Business Review Live | Business News, Reviews | Entrepreneur Stories, Interviews

Regulatory technology startup Data Sutram has raised $9 million in Series A funding, with global venture capital firms B Capital and Lightspeed co-leading the round. The company plans to use the capital to enhance its AI-driven fraud detection and compliance platform, targeting expansion into new sectors and global markets. According to a statement, the funds will support the company’s efforts to extend its fraud prevention solutions beyond the …

Data Sutram Bags $9 Mn In Series A Funding

BFSI-focussed B2B SaaS startup Data Sutram has raised a Series A funding of $9 Mn (around INR 77 Cr) co-led by Lightspeed Venture Partners and B Capital. The round was a mix of primary and secondary deals. Without disclosing the names, Data Sutram’s founder and chief executive Rajit Bhattacharya told Inc42 that some of the early angel backers have also partially exited in the current fundraise. The Kolkata-based startup plans to use the fresh ca…