Data Sutram, a B2B SaaS company, has raised an investment of three million dollars in its latest funding round to help enterprises with growth.
According to an official release, this round was led by Bharat Fund with participation from Singularity Growth Fund, IIFL, YAN, White Venture, among others. From what it’s understood, this development aims to help the startup’s strengthen its product portfolio and accelerate growth within the BFSI sector. It’s believed that these funds will be used to enhance Data Sutram’s product offerings, facilitating customer acquisition, credit underwriting, fraud investigation and collections in financial services.
“I believe banks and financial service organisations now need to play smarter to gain share and profitability. Our products intend to offer the edge required by product, sales and risk professionals to accelerate growth and increase business efficiency,” Upendra Namburi, chief business officer, Data Sutram, said.
