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Primetrace Technologies is seeking to raise $50 million at a $500 million valuation to develop new AI products and expand niche offerings like the dating app Polo.
PRIVATEJul 30, 2026•10 days ago
Amount Raised
$50 Million
Round Type
Venture - Series Unknown
BengaluruArtificial Intelligence
Description
Primetrace Technologies, parent company of Kutumb, is in advanced discussions for a $50 million funding round. This deal would value the company at $500 million, up from $150 million in its Series A. The funding will support AI product development and expansion into niche markets. The company aims to cater to specific demographic segments with tailored platforms.
Company Information
Company
Primetrace Technologies
Location
Bengaluru, Karnataka, India
About
Primetrace Technologies is the parent company of Kutumb, a community-focused social platform. Founded by former employees of digital storytelling platform Pratilipi in 2020, the company has rapidly scaled to 70 million monthly active users. It aims to develop AI consumer products and expand niche offerings like dating apps. The company reported an annual revenue run rate exceeding Rs 600 crore.
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Verified contactsAbhishek, Co-Founder and CEO hidden hidden
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BengaluruArtificial Intelligence