India Deep-tech startup InsightAI raises ₹1.1 crore to fight AML in banks

InsightAI secures ₹1.1 cr pre-seed to scale AML-AI tools for banks in India and Middle East.

bullish
Recently

India Deep-tech startup InsightAI raises ₹1.1 crore to fight AML in banks

1 min read73 words
India Deep-tech startup InsightAI raises ₹1.1 crore to fight AML in banks
InsightAI secures ₹1.
New Delhi-based startup InsightAI, which develops AI-native anti-money-laundering investigation tools for financial institutions, has raised ₹1.1 crore in a pre-seed round led by accelerator PedalStart. 
The company plans to expand its presence across India and the Middle East, and deepen its data-audit and compliance capabilities for banks and payment firms. 
The founders, Akash Chandra and Vivek Kumar, say the funds will be used to scale sales infrastructure and product development while pursuing international regulatory certifications.
Sentinel