Digital transaction monitoring startup VuNet Systems raises Rs 60 crore in Series B funding

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Digital transaction monitoring startup VuNet Systems has raised Rs 60 crore in the first close of its Series B funding round led by Pravega Ventures.The round also witnessed participation from Kotak Securities Limited, a subsidiary of Kotak Mahindra Bank, alongside existing investors such as Mela Ventures, Athera Venture Partners (formerly Inventus India), Dallas Venture Capital, and TVS Capital Funds.

The company plans to use the funds to expand its global footprint, accelerate growth in India and other key markets, enhance product capabilities, and…



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Digital transaction monitoring startup VuNet Systems raises Rs 60 crore in Series B funding


Digital transaction monitoring startup VuNet Systems has raised Rs 60 crore in the first close of its Series B funding round led by Pravega Ventures.The round also witnessed participation from Kotak Securities Limited, a subsidiary of Kotak Mahindra Bank, alongside existing investors such as Mela Ventures, Athera Venture Partners (formerly Inventus India), Dallas Venture Capital, and TVS Capital Funds.

The company plans to use the funds to expand its global footprint, accelerate growth in India and other key markets, enhance product capabilities, and…



Source link

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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