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.
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.
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.
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