Data Sutram, a Mumbai, India-based B2B SaaS startup that provides an AI-powered fraud detection and compliance platform, has raised $9 million in Series A funding.
Investors
The round was co-led by B Capital and Lightspeed, with participation from existing investors.
B Capital Group is a global, multi-stage investment firm founded in 2015 that manages over $8 billion in assets. It specializes in early- to late-stage investments, targeting sectors pivotal to future innovation, such as technology, healthcare, and climate tech. The firm operates across nine global offices, including locations in the U.S., Singapore, Hong Kong, and Beijing.
Data Sutram Use of Funds
The company will use the funds to expand into new sectors such as cryptocurrency, real-time payments, gaming, e-commerce, and insurance, enhance its AI capabilities, and support international expansion into the Middle East and Southeast Asia
About Data Sutram
Founded in 2018 by Rajit Bhattacharya, Ankit Das, and Aisik Paul, Data Sutram is a RegTech-focused B2B SaaS company offering an AI-powered platform for fraud detection and customer risk profiling. It helps streamline customer onboarding and manage risk across the lifecycle of lending, payments, and insurance. Its core product, Trust Score, leverages millions of digital footprints and alternative data sources to build real-time, 360-degree customer risk profiles. Based in Mumbai, India, Data Sutram serves clients in the banking, retail, and insurance sectors.
Funding Details
Company: Extrapolate Advisors Private Limited (Data Sutram)
Raised: $9.0M
Round: Series A
Funding Date: May 2025
Lead Investors: B Capital, Lightspeed
Additional Investors: Singularity Growth Fund, Varanium Capital, Yatra Angel Network
Company Website: https://datasutram.com/
Software Category: RegTech/ Fraud Detection / Risk Intelligence
Source: https://www.entrepreneur.com/en-in/news-and-trends/b2b-saas-firm-data-sutram-raises-usd-9-mn-series-a-from-b/492040