Data Sutram Bags $9 Mn In Series A Funding

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SUMMARY

Lightspeed Venture Partners and B Capital have co-led Data Sutra’ Series A funding round

The Kolkata-based startup will deploy the fresh funds to strengthen its fraud detection product and focus on team growth

The startup more than doubled its net loss to INR 10.83 Cr In FY24 from INR 4.75 Cr in the previous fiscal year

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…



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Data Sutram Bags $9 Mn In Series A Funding


SUMMARY

Lightspeed Venture Partners and B Capital have co-led Data Sutra’ Series A funding round

The Kolkata-based startup will deploy the fresh funds to strengthen its fraud detection product and focus on team growth

The startup more than doubled its net loss to INR 10.83 Cr In FY24 from INR 4.75 Cr in the previous fiscal year

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…



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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