Funding
Fintech startup Data Sutram raises $9 million from B Capital, Lightspeed
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Data Sutram, a fintech startup that enables financial institutions to curb fraud and ensure regulatory compliance, has raised $9 million through a mix of primary and secondary funding, founder and chief executive, Rajit Bhattacharya, told ET.
The financing round was co-led by venture capital firms B Capital and Lightspeed.
The Mumbai-based company will use the capital to expand its team, boost product capabilities and accelerate development of its artificial intelligence (AI)-driven platform, said Bhattacharya.
Data Sutram, which focuses on serving…
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