Finance automation startup Hyperbots raises $6.5 million from Arkam Ventures, Athera Venture Partners, others
Hyperbots, which builds agentic AI co-pilots for finance and accounting operations, has raised $6.5 million in a Series A funding round co-led by Arkam Ventures and Athera Venture Partners.New investor JSW Ventures and existing backers Kalaari Capital, Sunicon Ventures, and Darashaw & Company also participated in the round.
The Bengaluru- and US-based startup will use the funds to expand its presence in the US, build new co-pilots, and launch HyperLM—a proprietary large language model pre-trained on vast amounts of finance and accounting data.
Founded in 2023 by Niyati Chhaya, Ram Jayaraman, and Rajeev Pathak, Hyperbots offers AI-powered tools that automate key finance and accounting tasks such as processing invoices, matching and reconciling entries, managing accruals, validating taxes and checking payment terms. 'There are use cases in finance and accounting where an AI agent can achieve straight through tasks with no human touch. We are transforming finance operations and freeing human bandwidths for doing higher order tasks,' said Rajeev Pathak, cofounder and CEO of Hyperbots.
The startup currently employs around 55 people, with the majority based in its engineering team in Bengaluru.
Hyperbots' platform, which he says has been trained on over 30 million finance-specific data points, is tailored for mid-market enterprises in the US. The company noted that while finance teams globally have embraced digitisation, many still depend on manual processes, siloed systems, and outdated reporting cycles.The startup claims its AI co-pilots can reduce manual effort by up to 80% and deliver 99.8% accuracy in document processing, resulting in faster turnarounds and significant cost savings.Hyperbots currently serves clients across sectors such as healthcare, media, EV infrastructure and retail, and is on track to onboard over 100 customers this fiscal year.'We were impressed by the accuracy and product breadth of the Hyperbots agentic AI suite for such a young company. We are excited to back the Hyperbots team that combines deep AI expertise with a relentless focus on customer value and satisfaction,' said Bala Srinivasa, managing director, Arkam Ventures.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
25 minutes ago
- Time of India
Singapore, KL routes keep Trichy in India's top 6 Southeast Asia hubs
Trichy: A surge in passenger traffic has helped Trichy International Airport retain its sixth position as the busiest international airport connecting India with Southeast Asian countries in the financial year 2024-25. In this category, Delhi, Mumbai, Chennai, Bengaluru, and Kolkata airports ranked higher than Trichy. According to air traffic data from the Directorate General of Civil Aviation (DGCA), Trichy airport handled 9.4 lakh passengers flying between Trichy and Southeast Asian countries in 2024-25, compared to nine lakh in 2023-24. Although the number of flight services (62 per week) between Trichy and Southeast Asia has remained unchanged, a higher occupancy rate accounted for the 4.5% surge in passenger traffic. In the last financial year, Trichy was connected to only three destinations in Southeast Asia, namely Kuala Lumpur (Malaysia), Singapore, and Bangkok (Thailand). Of the total 9.4 lakh passengers handled, Singapore and Kuala Lumpur routes contributed 58% and 40%, respectively, while Bangkok accounted for 2%. Despite offering services only to Kuala Lumpur and Singapore after the Bangkok service was suspended, Trichy outperformed major international airports like Hyderabad and Kochi in Southeast Asia-bound traffic. "Occupancy of the services has improved significantly. Still, there is demand for additional and premium flight services. Indian air carriers continue to ignore this sector, leaving it to foreign carriers to connect Trichy with Southeast Asia," H Ubaidullah, an independent aviation analyst, said. Meanwhile, beyond Malaysia and Singapore, demand is rising for connections to other Southeast Asian destinations such as Thailand and Vietnam. Experts have urged the restoration of services between Ho Chi Minh City and Trichy, which were once in operation, as Vietnam-based industries are increasingly investing in non-leather footwear and automobile manufacturing sectors across Tamil Nadu. "We must look beyond Kuala Lumpur and Singapore to strengthen Trichy airport as a hub to reach Southeast Asia. Indian airline operators will be approached to launch new flight services and capitalise on the growing demand from Trichy," Durai Vaiko, MP and chairman of the Trichy Airport Advisory Committee, told TOI. Busiest routes between India and Southeast Asia (FY 2024-25) 1. Delhi: 36 lakh 2. Mumbai: 22.8 lakh 3. Chennai: 19.1 lakh 4. Bengaluru: 16 lakh 5. Kolkata: 11.9 lakh 6. Trichy: 9.4 lakh 7. Hyderabad: 8.8 lakh 8. Kochi: 7.3 lakh Source: DGCA Trichy airport's Southeast Asia Link: Year Passengers handled Weekly Services Operators Destinations National rank 2023-24 9,08,486 62 6 3 6th 2024-25 9,49,863 62 6 3 6th Weekly services from Trichy in 2024-25: 1. Singapore: 35 2. Kuala Lumpur: 24 3. Bangkok: 3 Total - 62 Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area.
Business Standard
an hour ago
- Business Standard
2025 Game-Changers: India's Top Businesses Making a Difference in India 2025
VMPL New Delhi [India], August 18: In 2025, a new wave of Indian businesses is redefining industries, blending innovation with impact. From mobility and education to nutrition and finance, these trailblazers are solving real problems, empowering communities, and shaping a better future. Here's our list of India's top 10 game-changing brands making a difference this year. 1. Treks and Trails: Where Adventure Meets Responsibility Since 2012 Sarfaraz Baghdadi founded Trek and Trails in 2012, with the vision of completely changing India's outdoor tourism experience. This Mumbai-based agency operating for the last 13 years, has guided more than 50,000 trekkers, emerging as India's most trusted Maharashtra Tourism-registered adventure travel brand. With an innovative approach, Sarfaraz has introduced unique travel experiences like stargazing camps in Bhandardara and magical firefly festivals, combining safety with sustainability. The brand's impressive credentials include 200+ certified trek leaders, 3,000+ Google reviews with a 4.7-star rating, and 150K+ Instagram followers. Beyond adventure, Treks and Trails champions eco-tourism, supports local communities, and welcomes everyone, from solo travelers to families and senior citizens. Each participant receives e-certificates, celebrating their journey while the company maintains its core mission: connecting people with nature responsibly. It's not just trekking; it's a movement inspiring mindful exploration across Maharashtra's stunning landscapes. To plan your next adventure, visit: 2. Province Immigration: India's Award-Winning Immigration Consultancy Firm Province Immigration has established itself as India's most trusted immigration consultancy since its inception in 2015. Founded by Miss Shweta and Mr. Sachin Kumar, this New Delhi-based firm has achieved acclaim in the immigration sector. Helping thousands of clients in achieving their immigration goals, Province Immigration has brought significant recognition which includes some of the prestigious awards like, "Most Trusted Brand of the Year 2022" , and the National Fame Award 2022 . Province Immigration offers comprehensive solutions for Canada PR, Australia PR, Germany Opportunity Card, student visas, tourist visas, and Schengen visa. They assist clients from all spheres, from students to skilled professionals to entrepreneurs to beloved immediate families. The company maintains close to 100% success rate with dedicated case managers to each Indian client. Their unmatched post-landing services make them different among immigration sector. They provide complimentary IELTS language training for English to all clients, making it a complete one-stop solution for global mobility needs. For more information, visit: 3. Grounded Foods: Five Years of Quiet Revolution The arrival of their child in 2010 opened Anil and Lalitha's eyes to the uncomfortable truth about food safety. This was far from how our ancestors ate -- when every meal was made fresh at home, leaving no heaviness or discomfort after eating. Today, many experience what Grounded calls "post-meal syndrome" -- an unnecessary stress on the mind and gut caused by modern, compromised food. Hailing from farming families and rooted in real food traditions, they began making clean staples for their own family, then decided to extend the same to others. Combining Anil's 25 years of experience in sales and marketing with Lalitha's technological expertise, they built Grounded Foods -- a transparent brand committed to clean and safe ingredients. Operating from Bengaluru, the couple built something extraordinary without spending on advertisements or PR. Through pure word-of-mouth, over 8,000 families discovered their LiveMilled™ made-to-order approach, fresh CultureCraft™ Batters, AirMilled™ Flours, LegacyBlends™ Masalas, and WoodBorn™ Oils. Their GutPriority™ nutrition philosophy combines traditional Indian food wisdom with modern health science, creating preservative-free staples that honor both heritage and wellness. Five years later, Grounded represents more than a food brand -- it's proof that authentic quality still finds its audience. For more information, visit: 4. Kunskapsskolan: Swedish Education Philosophy Meets Indian Ambition Swedish education reformist Peje Emilsson started Kunskapsskolan in 1999, with the vision of establishing schools where kids could gain practical skills and knowledge, learn beyond textbooks and at their own pace without being forced to follow a generalised one-size-fits-all system. That idea traveled from Sweden to India in 2013, where Kunal Bhadoo adapted it for Indian children. The school offers CBSE, Cambridge, and IB programs In their campuses in Gurgaon, Bangalore, and Lucknow. Students get personal coaches, not just teachers. Each child follows their own learning plan, tracked through digital platforms. Pioneers of the first structured Personalised Learning Program for schools, Kunskapsskolan brings in customized learning where standardisation has ruled the landscape, with its global best practices, and a student-first philosophy to achieve high academic merit and develop transferable skills. For more information, visit: 5. RankBeetle: From Teen SEO Prodigy to Multi-Crore Digital Success RankBeetle is a pioneer agency specializing in SEO and guest posting founded by Sachin Khanna in 2019. This Chandigarh-based agency has its origin in Sachin's commendable journey of experimenting with cricket game modifications and monetizing through Google AdSense, starting at the age of 12. What started as a teenage passion evolved into a thriving business that has generated over ₹10 crores in combined revenue for clients globally. RankBeetle specializes in performance-driven SEO services, offering access to more than 5,000 high-authority guest posting sites and white-label solutions for agencies. Serving clients across India, the U.S., U.K., and Canada, RankBeetle operated successfully during COVID-19, scaling from a one-man operation to a results-oriented agency through its transparent reporting, competitive pricing, and founder-led innovation that delivers measurable business growth. For more information, visit: 6. The Car Rent Company: A Journey of Vision and Velocity Akul Rumpal's return to India from Australia in 2023, with a degree in civil engineering, signaled the beginning of a mobility revolution in India. While Akul's academic background became the foundation for his journey, his parallel success in Punjabi music production revealed his true strength: the ability to read markets and connect with audiences on a deeper level. After gaining invaluable industry experience as Managing Director at a major car rental firm, Akul launched The Car Rent Company in April 2025. Within just four months, the brand was able to become Chandigarh's top-ranked car rental service. Boasting of more than 1000 vehicles, a wide network of over 60 vendors in Punjab. The driving force behind The Car Rent Company is its asset-light model empowering local vendors while delivering personalized services to the customers. As the company merges technology, convenience and local partnerships, it emerges as a next generation mobility platform. Building on its initial success, Akul plans to expand North India with tech-driven booking system integration and a fleet that exceeds 2,000 vehicles. For more information, visit: 7. Payback: India's First Platform for Both Stock and Crypto Investments Payback is India's first and only trading and financial management platform, also an authorized SEBI-registered broker and FIU-registered partners for crypto, where you can trade in both stocks and cryptocurrencies, seamlessly and securely. Unlike others, Payback brings together the best of both worlds under one roof, with stock trading through a SEBI-registered broker and crypto services through an FIU-registered exchange partner. This dual-regulated framework ensures you operate in a fully legal, transparent, and secure environment. Payback's innovation is in its simplicity, bridging traditional finance with digital assets, for a new generation of Indian investors looking to diversify their portfolios without jumping between multiple platforms. As markets evolve, Payback is leading the change with compliant, user-friendly, and future-ready solutions. In a world of increasing complexity, Payback is your one-stop gateway to modern wealth creation. To know more, visit: 8. From Haryana Heartland to National Stage: Pahal Nutrition is Reshaping India's Fitness Supplement Industry Virender and Mohan Pahal, brothers from Sonipat, Haryana, transformed their deep understanding of India's fitness nutrition gap into a brand that is redefining the industry. Founded in 2019, Pahal Nutrition began with a bold mission: to break the monopoly of overpriced, imported sports supplements and make quality nutrition accessible to every Indian, especially those in Tier 2 and Tier 3 cities. What started as a determined effort to fill a gap in the market has grown into a nationwide movement. Pahal Nutrition's ISO-certified manufacturing, science-backed formulations, and transparent labeling have set new benchmarks for trust and quality in the industry. Unlike most brands, Pahal Nutrition's franchise-first approach empowers local entrepreneurs to serve their communities, bringing world-class supplements--ranging from whey protein to pre-workouts--directly to emerging fitness hubs across India. This grassroots strategy has fueled rapid expansion and positioned the brand as a genuine game-changer. Recently recognized among India's Top 7 Game-Changing Brands, Pahal Nutrition is no longer just a supplement company--it's a symbol of India's self-reliance in the fitness space. Its loyal customer base now includes competitive athletes, dedicated gym-goers, and health-conscious families nationwide. "Quality nutrition should never be a privilege, it should be a right," says co-founder Virender Pahal. "Our goal is to ensure every Indian, no matter where they live, has access to supplements they can trust." For more information or to explore the full product range, visit 9. Cocosugarite: India's Sweet Revolution for a Healthier Tomorrow. Remya Sanjith refused to accept that her loved ones would have to sacrifice sweetness for health. Refusing to let this limitation hold them, she founded Cocosugarite in March 2025. The brand developed, not just as a business but also her personal movement for a diabetic-free, healthier India. This superfood leader based out of Bangalore, has been making a difference through its low-GI coconut sugar - a nutrient-rich alternative that does not compromise on taste or health. Cocosugarite's flagship products--including sustainably sourced coconut sugar, Marma Punch superfood meals, Glow Sutra, and Prana Power blends--deliver real taste with profound health benefits. Serving health-conscious families, diabetics, fitness enthusiasts, and women seeking hormonal balance, Remya combines traditional food wisdom with modern nutritional science. Today, Cocosugarite represents more than products--it's a lifestyle revolution encouraging smarter eating choices that support longevity, immunity, and holistic wellness across urban metros and expanding markets. To know more, visit : 10. Creddinv Technologies: Democratizing Startup Investments Banking veterans Anil Kumar Kar and Nandakishor L., founded Creddinv in 2023, with the aim of transforming startup investing for HNI and retail investors. This curated investment platform based out of Bangalore is bridging the gap between individual investors and promising startups with thorough due diligence, as a result only the top 2% of evaluated startups make it to the platform. Creddinv provides end-to-end digital experience, direct cap table participation through Premium Series, and transparent portfolio tracking. The platform offers diverse investment products from private equity to venture debt, supported by expert investment advisory. The platform boasts notable achievements including 5,000 registered investors (55% HNIs & UHNIs), 1,300+ app downloads, four successful startup deals, and the LaunchPad incubation program within just one year of beginning operations. At ₹80 Cr valuation currently, Creddinv targets a ₹200 Cr valuation mark the next fiscal year, transforming startup investing from exclusive VC territory into an accessible, structured asset class. For more information, visit:
Time of India
an hour ago
- Time of India
Jupiter to set up solar cell unit in Butibori
Nagpur: The Vidarbha region is steadily emerging as a sustainable energy hub, with more companies showing interest in setting up units—particularly in Nagpur. After Avadaa and Waaree, West Bengal-based Jupiter International Limited is planning to establish a manufacturing facility in the additional Butibori industrial area. The company is looking to invest ₹15,000 crore in the sustainable energy sector, and its Nagpur unit is expected to further accelerate the region's growth. Apart from Jupiter, JSW Group and Anil Ambani-led Reliance Industries are also exploring solar panel manufacturing facilities in Nagpur, according to sources. The state industries department is already in talks with Jupiter International to set up a solar cell manufacturing unit, and a memorandum of understanding (MoU) is likely to be signed soon. If finalised, this will be the company's first plant in Maharashtra. While Avadaa Group has begun operations, Waaree Group is set to hold a groundbreaking ceremony within the next fortnight. Jupiter International, meanwhile, already operates a solar photovoltaic cell manufacturing unit at Baddi, Himachal Pradesh, with an overall capacity of 800 MW, including a 500 MW mono PERC solar cell facility. As per its website, the company aims to become a 10 GW vertically integrated solar power entity. In Nagpur, the company is expected to be allotted 250 acres of land by the Maharashtra Industrial Development Corporation (MIDC). At the same time, the state government is in discussions with a defence manufacturer planning to invest ₹12,000 crore in a drone manufacturing facility. An MoU with the company is also expected soon, sources added. Much like renewable energy, Vidarbha is also emerging as an aviation hub. Reliance Infrastructure Limited (RAL), led by Anil Ambani, has announced plans to manufacture Falcon Jets at its joint venture facility with France's Dassault. Ammunition maker Solar Group has also proposed setting up a unit to produce unmanned aerial vehicles (UAVs). "The influx of multiple industries in the region is expected to boost ancillarisation, ultimately benefiting local MSMEs," said Nitin Lonkar, president of the Butibori Manufacturers Association (BMA). Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area.
