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RaptorX partners with PeakXV Spark, EagleWings Ventures, and Point One Capital to enhance AI-driven fraud prevention platform
Dec 02, 2024•over 1 year ago
Contract Type
partnership
SoftwareArtificial IntelligenceMachine Learning
Description
RaptorX, a fraud prevention software startup, has secured Rs 4 crore in a pre-seed round from PeakXV Spark, EagleWings Ventures, and Point One Capital. The funding will be used to strengthen the company’s artificial intelligence and machine learning capabilities for applications in banking and e-commerce, as well as to expand its team and improve integrations with payment gateways, ecommerce platforms, and banking systems.
Agreement Insights
Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months