Business-Centric Traction platform 'VuNet Systems' wins Rs. 60 crore in Series B
In a Series B fundraising round headed by Pravega Ventures , business journey observability provider VuNet Systems has raised Rs. 60 crore, or around $6.94 million. Along with previous investors Mela Ventures, Athera Venture Partners, Dallas Venture Capital, and TVS Capital Funds, Kotak Securities also participated in the round.
Prior to this, VuNet had raised $7.03 million from its current investors.
According to a news statement from VuNet Systems, the money raised will be used for international expansion, boosting sales and marketing, upgrading the product stack, and quickening its growth in India.
VuNet, which was co-founded in 2014 by Ashwin Ramachandran, Bharat Joshi, and Jithesh Kaveetil , assists financial institutions in tracking and improving their customer journeys and IT operations. In order to lower failure rates and improve the general client experience, the organization offers extensive observability into business trips.
The Bengaluru-based startup claims that it gives users the opportunity to employ log analytics, application observability, infrastructure observability, and business observability to manage software operations. Bill payment observability, banking observability, credit card onboarding, trading systems observability, and other services are among its offers.
By evaluating data from several systems, VuNet Systems offers real-time insights that help businesses improve customer satisfaction and operational efficiency by streamlining crucial procedures like digital transactions and providing end-to-end visibility across intricate IT ecosystems.
By incorporating advanced AI , particularly GenAI, into all of its platform's workflows, VuNet hopes to grow internationally and launch a new class of business journey observability.
Ramachandran, CEO, VuNet Systems says, “By further integrating advanced AI, including GenAI, across all workflows of our platform—from data ingestion to actionable recommendations—we are enabling clients to gain deeper insights and deliver superior customer experiences”.
Prior to this, VuNet had raised $7.03 million from its current investors.
According to a news statement from VuNet Systems, the money raised will be used for international expansion, boosting sales and marketing, upgrading the product stack, and quickening its growth in India.
VuNet, which was co-founded in 2014 by Ashwin Ramachandran, Bharat Joshi, and Jithesh Kaveetil , assists financial institutions in tracking and improving their customer journeys and IT operations. In order to lower failure rates and improve the general client experience, the organization offers extensive observability into business trips.
The Bengaluru-based startup claims that it gives users the opportunity to employ log analytics, application observability, infrastructure observability, and business observability to manage software operations. Bill payment observability, banking observability, credit card onboarding, trading systems observability, and other services are among its offers.
By evaluating data from several systems, VuNet Systems offers real-time insights that help businesses improve customer satisfaction and operational efficiency by streamlining crucial procedures like digital transactions and providing end-to-end visibility across intricate IT ecosystems.
By incorporating advanced AI , particularly GenAI, into all of its platform's workflows, VuNet hopes to grow internationally and launch a new class of business journey observability.
Ramachandran, CEO, VuNet Systems says, “By further integrating advanced AI, including GenAI, across all workflows of our platform—from data ingestion to actionable recommendations—we are enabling clients to gain deeper insights and deliver superior customer experiences”.
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