Oolka raises $7 Mn in seed round led by Lightspeed and Z47

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Fintech startup Oolka has raised $7 million in a seed funding round co- led by Lightspeed India Partners and Z47 along with participation from 8i Ventures and other angel investors.

The Bengaluru-based startup had previously raised $6.9 million in the same round from Lightspeed Venture Partners and others.

The fresh funds will be utilized to scale its engineering and product teams, specifically for hiring data scientists and AI engineers to enhance the tech stack, Oolka said in a press release.

Launched in 2024 by Utkrishta Kumar, Oolka provides an…



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Oolka raises $7 Mn in seed round led by Lightspeed and Z47


Fintech startup Oolka has raised $7 million in a seed funding round co- led by Lightspeed India Partners and Z47 along with participation from 8i Ventures and other angel investors.

The Bengaluru-based startup had previously raised $6.9 million in the same round from Lightspeed Venture Partners and others.

The fresh funds will be utilized to scale its engineering and product teams, specifically for hiring data scientists and AI engineers to enhance the tech stack, Oolka said in a press release.

Launched in 2024 by Utkrishta Kumar, Oolka provides an…



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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