Agentic AI platform Fundamento raises $1.9M; venture interest builds in applied automation

Fundamento, an agentic AI platform, raised $1.9 million in a round led by IIFL Fintech Fund to accelerate product development and enterprise deployments. The company focuses on workflow automation and domain-specific task orchestration, targeting financial services, support operations, and compliance use-cases. The investment extends runway for go-to-market hiring and integrations with incumbent systems. Broader Indian venture activity remained healthy in applied AI and data infrastructure, with investors prioritizing revenue visibility, unit economics, and governance. Further milestones include customer pilots and security certifications.