Matters.AI raises Rs 55 Cr led by Kalaari and Endiya Partners

Data security company Matters.AI has raised Rs 55 crore (6.2 million dollars) in a seed funding round co-led by Kalaari Capital and Endiya Partners along with participation from Better Capital, Carya Venture Partners, and cybersecurity angels.

The Bengaluru-based startup had previously raised Rs 13 crore in a pre-seed funding round from Better Capital and Carya Venture Partners.

The proceeds will be used to accelerate research and development in predictive detection, expand go-to-market operations in India and the US, and strengthen engineering and…