Saas fintech platform Arteria Technologies raises Rs 100 crore funding from ICICI Venture

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Supply chain collaboration software-as-a-service (SaaS) and financing platform Arteria Technologies has raised Rs 100 crore from ICICI Venture, the investment arm of ICICI Bank, in a funding round.

The funding is a mix of primary and secondary capital, but the company did not disclose the parameters. It will be used to drive the company’s growth plans and artificial intelligence (AI) product expansion. The capital will also be used to scale Arteria Technologies’ engineering and product teams.

Founded in 2007 by Parag Sushilkumar Jain and Sriram…



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Saas fintech platform Arteria Technologies raises Rs 100 crore funding from ICICI Venture



Supply chain collaboration software-as-a-service (SaaS) and financing platform Arteria Technologies has raised Rs 100 crore from ICICI Venture, the investment arm of ICICI Bank, in a funding round.

The funding is a mix of primary and secondary capital, but the company did not disclose the parameters. It will be used to drive the company’s growth plans and artificial intelligence (AI) product expansion. The capital will also be used to scale Arteria Technologies’ engineering and product teams.

Founded in 2007 by Parag Sushilkumar Jain and Sriram…



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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