Latest news with #Rebalance
&w=3840&q=100)
Business Standard
8 hours ago
- Business
- Business Standard
Gurugram-based Darwix AI raises $1.5 million to scale product, global reach
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.
Time of India
10 hours ago
- Business
- Time of India
GenAI startup Darwix AI raises $1.5 million in seed funding
Generative artificial intelligence (GenAI) platform Darwix has raised $1.5 million in funding led by Rebalance, IPV, JITO Incubation and Innovation Foundation. Other investors include Growth Sense, Growth91 and angels, including Ankit Nagori and Amit Lakhotia. Darwix is an omnichannel GenAI platform that provides conversational intelligence for sales conversations to enterprises through its proprietary large language model (LLM) stack. It mainly serves clients in the banking, financial services, and insurance (BFSI) and retail sectors across the US, India, and the Middle East. Darwix AI said its Transform+ platform offers real-time conversational intelligence, agent assistance, and automation across voice, chat, email, and in-person channels. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like סובלים מפרפור פרוזדורים? האק"ג הטוב בעולם בהישג ידכם - קראו עכשיו טרומיון קראו עכשיו Undo Founded by IIM alumni Ajay Sethi and Hanit Awal, the startup will use the funds to drive product development and market expansion. It will increase the team's strength and scale its omnichannel platform into more enterprise use cases. "Enterprises today are overwhelmed by fragmented point solutions or just hit with plain black box scenarios across interactions. 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,' said Sethi. Live Events
