 "Technology, artificial intelligence, Talent management, Hiring")
Darwix AI has raised $ 1.5 million (about Rs 13 crore) in funding from Rebalance, IPV, JITO Incubation and Innovation Foundation, Growth Sense, and angel investors.
The Gurugram-headquartered firm looks to deploy the fresh funds towards product development, hiring, and market expansion, according to a company statement.
"Our goal is to offer a unified, generative AI stack that not only understands but also elevates every customer interaction with actionable intelligence and automation. This fundraise gives us the fuel to double down on product innovation and expand our US footprint," Ajay Sethi, Co-founder of Darwix AI, said.
Saswat Finance raised $ 2.6 million Fintech platform Saswat Finance has raised $ 2.6 million (about Rs 22 crore) in a pre-series A funding round led by Ankur Capital.
The Mumbai-headquartered firm will use the capital to expand its tech capabilities, add new financial products to the platform, and scale operations across Maharashtra, Karnataka, and Uttar Pradesh, according to a company statement.
"At Saswat, we're blending tech and trust to deliver credit, risk protection, and productivity advisory services directly to customers' doorsteps. This new funding will empower us to advance our mission by investing in technology, deepening our reach, and aggressively scaling our operations," Arun Tiwari, CEO & Co-Founder of Saswat Finance, said.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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 "Competition Commission of India")
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 "Amazon")
 "Ecommerce majors Amazon and Flipkart, which are planning to scale up their quick commerce (qcom) operations, may need to invest at least $1 billion each over the next two-three years to catch up with established platforms, such as Zomato-owned Blink")
