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RaptorX Secures Rs 4 Cr in Pre-Seed Round

RaptorX, an India-based fraud prevention startup, has secured Rs 4 crore in a pre-seed funding round.

Ben Murray profile image
by Ben Murray
RaptorX Secures Rs 4 Cr in Pre-Seed Round

RaptorX, an India-based fraud prevention startup, has secured Rs 4 crore in a pre-seed funding round. 

Investors 

The round was backed by PeakXV Spark, EagleWings Ventures, Point One Capital, and prominent investors such as Lenskart CEO Peyush Bansal and Boat CMO Aman Gupta. 

RaptorX Use of Funds 

The funds will help enhance RaptorX’s AI capabilities for fraud detection in banking and e-commerce. The company plans to expand its team, improve integrations with payment systems, and invest in customer support to drive adoption. 

About RaptorX 

RaptorX provides solutions for real-time fraud detection, anti-money laundering (AML), and customer risk intelligence, helping businesses uncover hidden fraud patterns, minimize losses, and ensure compliance with regulations such as AML and KYC (Know Your Customer). The company uses AI and machine learning to detect and prevent fraud, particularly in banking and e-commerce. 

Funding Details 

Company: RaptorX 

Raised: Rs 4 Crore 

Round: Pre-Seed Round 

Funding Date: December 2024 

Investors: PeakXV Spark, EagleWings Ventures, Point One Capital, Peyush Bansal, Aman Gupta 

Company Website: https://www.raptorx.ai/  

Software Category: Fraud Prevention 

Source: https://bwdisrupt.com/article/next-gen-fraud-prevention-startup-raptorxai-rs-4-cr-in-pre-seed-round-from-marquee-investors-540907 

Ben Murray profile image
by Ben Murray

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