Actyv.ai Raises USD $5M in Pre-Series A Funding

actyv

Actyv.ai, a Mumbai, India-based AI-powered Enterprise SaaS platform provider, raised USD $5M in Pre-Seed funding.

The round was led by 1Digi Investment.

The company intends to use the funds to scale and expand globally.

Led by CEO Raghunath Subramanian, Actyv.ai is an AI powered Enterprise SaaS platform that enables quick and efficient onboarding, comprehensive health assessment & scoring of SMBs. The platform allows enterprises to scout for partners and appoint/onboard them digitally. During the onboarding process, Actyv.ai checks for errors and frauds in the partner’s documents and then analyses the data extracted to create the partner’s Financial Health Report and Actyv Score.

Based on these, the partner gets access to closed-loop bank credit – BNPL for B2B – which it can use as working capital.

FinSMEs

24/02/2022