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HomeInsightFunding Alert Adya.ai Secures INR 10.5 Cr in Pre-series A Round Led by...

[Funding alert] Adya.ai Secures INR 10.5 Cr in Pre-series A Round Led by IAN, Others

In its pre-Series A funding round, enterprise IT firm Adya.ai secured INR 10.5 Cr ($1.2 Mn), with Indian Angel Network (IAN) leading the round. Other strategic financiers also participated in the financing.

In its pre-Series A funding round, enterprise IT firm Adya.ai secured INR 10.5 Cr ($1.2 Mn), with Indian Angel Network (IAN) leading the round. Other strategic financiers also participated in the financing.

INR 3.75 Cr was invested in the startup by IAN. Uday Chatterjee, Romesh Sobti, Sri Prakash, and Hari Balasubramanian were the angel network participants in the round.

Read also – [Funding alert] Fintech Startup Upswing Secures $4.2 Mn Funding Led by Quona Capital

The company intends to utilise the funds to advance the growth of AI technology, bolster its market position, and improve its creative solutions.

By disentangling the key apps from the ONDC ecosystem, Adya enables companies to function outside the boundaries of a single platform. Adya facilitates mass penetration and acceptance by disentangling the buyer, seller, logistics, reconciliation, and issues & complaints apps, giving merchants and buyers more flexibility and freedom to specialise.

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Adya’s technological marketplace and toolkit facilitate the swift uptake of ONDC and guarantee its smooth integration into current ecosystems.

About Adya.ai

Angad Singh Ahluwalia, Shayak Mazumdar, and Archana Mazumdar co-founded Adya.ai in 2023 as a SaaS-based solution for industries including retail, logistics, credit, and finance.

Read also – [Funding alert] Biotech Startup Vgenomics Secures Seed Funding From Mumbai Angels, Others

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