Drivetrain AI raised $15 million in fresh funding led by Elevation Capital and others

October 20, 2022

, By Sarika Parmar

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Financial modelling software provider for businesses Drivetrain AI raised $15 million in fresh funding led by Elevation Capital, Jungle Ventures and Venture Highway where over 25 startup founders, advisors and investors including the likes of Notion’s Akshay Kothari; Whatfix’s Khadim Batti and Amit Sharma; Chargebee’s Krish Subramanian and Karthik Srinivasan also participated.

Drivetrain AI assists businesses in assessing their current state and forecasting the impact of their actions in the future, allowing them to make better decisions in real time. The funds would be used to accelerate product development and expand the company’s go-to-market team. It stated that it intended to increase headcount in engineering and product development in India, as well as hire for business development roles in the United States.

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Drivetrain AI raised $15 million in fresh funding led by Elevation Capital and others

October 20, 2022

, By Sarika Parmar

Financial modelling software provider for businesses Drivetrain AI raised $15 million in fresh funding led by Elevation Capital, Jungle Ventures and Venture Highway where over 25 startup founders, advisors and investors including the likes of Notion’s Akshay Kothari; Whatfix’s Khadim Batti and Amit Sharma; Chargebee’s Krish Subramanian and Karthik Srinivasan also participated.

Drivetrain AI assists businesses in assessing their current state and forecasting the impact of their actions in the future, allowing them to make better decisions in real time. The funds would be used to accelerate product development and expand the company’s go-to-market team. It stated that it intended to increase headcount in engineering and product development in India, as well as hire for business development roles in the United States.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News

Egyptian startup Nexta raised $3 million investment from eFinance Group

Next News

Beepkart raised $9 million in funds led by Vertex Ventures South East Asia & India

More like this

Popular

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