iTuring raises $5 Mn in Series A round led by Dallas Venture and Mela Ventures

iTuring.ai, an enterprise-grade AI/ML platform for the Banking, Financial Services & Insurance (BFSI) sector, has raised $5 million in Series A funding round led by Dallas Venture Capital (DVC) and Mela Ventures.

Prior to this, the company had raised $1.19 million in the same round co-led by SenseAI and Pentathlon Ventures along with participation from Ghosal Ventures.

The proceeds will be used to accelerate the rollout of its proprietary, zero-code platform, which enables banks…