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Matters.AI raises Rs 55 Cr led by Kalaari and Endiya Partners

EntrackrEntrackr · 4m ago
Matters.AI raises Rs 55 Cr led by Kalaari and Endiya Partners
Medial

Snippets: Matters.AI raises Rs 55 Cr led by Kalaari and Endiya Partners Data security company Matters.AI has raised Rs 55 crore (6.2 million dollars) in a seed funding round co-led by Kalaari Capital and Endiya Partners, along with participation from Better Capital, Carya Venture Partners, and cybersecurity angels. The Bengaluru-based startup had previously raised Rs 13 crore in a pre-seed funding round from Better Capital and Carya Venture Partners. The proceeds will be used to accelerate research and development in predictive detection, expand go-to-market operations in India and the US, and strengthen engineering and customer success teams serving regulated industries under the DPDP framework, Matters.AI said in a press release. Co-founded in 2024 by Keshava Murthy and Harsh Sahu, Matters.AI is an AI-native data security platform that thinks like an engineer. By unifying DSPM, Insider Risk, DDR, Exfiltration Defense, and DLP into one intelligent layer, it understands what data means, who is interacting with it, and why, stopping threats before they become incidents. The platform aims to protect enterprises across India and the world. According to Matters.AI, the AI Security Engineer is a self-learning system that understands how sensitive data behaves, predicts misuse before it happens, and responds autonomously across cloud, SaaS, endpoints, and on-premises environments. It uses semantic graphs and predictive models to understand context and intent. Matters.AI offers full stack visibility including endpoint visibility and control through real-time data tracing, data lineage and fingerprinting to track how data moves and why, on-premises and SaaS deployments for hybrid enterprises, GenAI governance across ChatGPT, Gemini, and Copilot, and native integrations with Zoho, Snowflake, Salesforce, AWS, Azure, GCP, and Databricks. It competes with other notable players in this space such as Cyera, Orca Security, and Palo Alto Networks.

Related News

AquaExchange raises $8 Mn in Series B round at $41 Mn valuation

EntrackrEntrackr · 2d ago
AquaExchange raises $8 Mn in Series B round at $41 Mn valuation
Medial

AquaExchange raises $8 Mn in Series B round at $41 Mn valuation Aquaculture technology startup AquaExchange has raised $8 million (around Rs 72 crore) in its Series B funding round, co-led by Endiya Partners and Factor Analytics, with participation from Accion Ventures and support from Ocean 14 Capital. According to filings, the round was co-led by Endiya Partners and Factor Analytics, with investments of Rs 30 crore each, followed by Accion Ventures, which invested Rs 12 crore. AquaExchange's valuation has surged around 74% to Rs 372 crore (approximately $41 million) in the latest round, compared to Rs 214 crore during its Series A funding in January 2024. The fresh capital will be used to expand its international technology business, grow domestic market share, and strengthen its presence across the aquaculture value chain. Endiya Partners holds a 16.2% stake, followed by Accion Venture with 9.68% and Factor Analytics with 8.06%. Founded by Pavan Kosaraju, Hemasundar Dhavili, Kareem Mohammod, and Kiran Bandi, AquaExchange helps aquaculture farmers leverage technology to improve crop yields, reduce crop risks, and manage rising input costs. Its product portfolio includes PowerMon, a power management device, and AquaBot, an automated feed management system. The company claims to be the first aquaculture technology firm in India to automate more than 25% of the country’s shrimp farming acreage. Its platform currently monitors over 80,000 acres of aquaculture farms globally and operates across five Indian states, along with international markets such as Ecuador, Saudi Arabia, and Madagascar. The company’s operating revenue rose 2.3X to Rs 240.51 crore in FY25 from Rs 104.88 crore in FY24, while its losses increased to Rs 12.71 crore from Rs 9.35 crore during the same period. The company also claims to achieve EBITDA profitability within the current financial year.

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