Protectt.ai raises $8.7 mn in funding round led by Bessemer Venture Partners

Mobile apps cybersecurity startup Protectt.ai said on Monday it has raised around $8.7 million at an undisclosed valuation in a Series-A funding round led by global venture capital firm Bessemer Venture Partners (BVP).  The Mumbai-based company aims to use the funds to drive global expansion, undertake product innovation and nurture talent.    Protectt.ai’s clients include … Read more

AI-focused firms to corner a bulk of Bessemer Venture’s new $350 mn India fund

Global venture capital firm Bessemer Venture Partners expects artificial intelligence (AI) to disrupt its investment roadmaps, with a disproportionate share of its new $350 million India-dedicated fund likely to flow into opportunities in this new-age technology that promises to transform businesses. The firm that has backed companies such as Swiggy, BigBasket, Urban Company, Pharmeasy, Cashify … Read more