OnFinance AI raises $4.2 Mn led by Peak XV’s Surge

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OnFinance AI, a generative AI platform purpose-built for the Banking, Financial Services, and Insurance (BFSI) sector, has raised $4.2 million in a Pre-Series A funding round. The round was led by Peak XV’s Surge, with participation from Shyamal Hitesh Anadkat, Groww Founders’ Fund, MarsShot VC (Razorpay Founders’ Fund), Climber Capital, and existing investors Indian Angel Network (IAN) and Silverneedle Ventures (SNV).

The Bengaluru-based startup had previously raised $1.05 million in a seed funding round from Haystack and others. The fresh…



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OnFinance AI raises $4.2 Mn led by Peak XV’s Surge


OnFinance AI, a generative AI platform purpose-built for the Banking, Financial Services, and Insurance (BFSI) sector, has raised $4.2 million in a Pre-Series A funding round. The round was led by Peak XV’s Surge, with participation from Shyamal Hitesh Anadkat, Groww Founders’ Fund, MarsShot VC (Razorpay Founders’ Fund), Climber Capital, and existing investors Indian Angel Network (IAN) and Silverneedle Ventures (SNV).

The Bengaluru-based startup had previously raised $1.05 million in a seed funding round from Haystack and others. The fresh…



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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