VuNet has raised $5 million in Series A funding.

VuNet-Fundraising, an analytics startup, has secured $5 million in a Series A funding round headed by Mela Ventures and Athera Venture Partners, previously Inventus India.

Dallas Venture Capital and TVS Capital Funds also participated in the round.

VuNet Series A Funding

"The financing will be utilized to accelerate the development and research of new AI/ML led product offerings, as well as the growth of global operations throughout India, Asia, and the United States," according to a statement from the business.

Ashwin Ramachandran, Bharat Joshi, & Jithesh Kaveetil, co-founders of VuNet Systems, have more than 20 years of expertise in developing deep tech corporate solutions for worldwide markets.

"VuNet is thrilled to have some of the most well-known brands in financial institutions as customers." "We will continue to focus on extending our client base and product portfolio to provide more intelligent, actionable insights for operations, business, and CXOs to help them accelerate their digital transformation," stated Ashwin Ramachandran, co-founder and CEO of VuNet Systems.

"Real-time and comprehensive insight into the consumer and company journey is quickly becoming a crucial differentiator between realizing and failing to realize digital aspirations." 

VuNet's AI-powered observability technology fills that void for enterprises. 

The fact that VuNet is trusted by prominent financial institutions demonstrates its rising relevance and potential. We are thrilled to be working with VuNet.

"In today's hyper-connected world, real-time observability is critical for assuring seamless transactions." VuNet is unique in its ability to connect disparate views and offer business journeys in a single view for end-user context. 

What attracted us more about the value - creating potential here was the technical solidity of VuNet's team, their deep domain experience, and marquee customers," said Samir Kumar, GP of Athera Venture Partners.

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