Tuesday
April 2
2024

Scrut Automation Raises $10 Million to Enter New Markets, Incorporate GenAI Use Cases in India

Enterprise tech startup Scrut Automation has raised $10 Mn (around INR 83 Cr) in growth capital from its existing investors Lightspeed, MassMutual Ventures and Endiya Partners.

The governance, risk and compliance (GRC)-focussed SaaS startup said that the freshly raised capital will be used to boost its capabilities, incorporate generative AI (GenAI) use cases and expand to North American and European markets.

Source: Inc42 (link opens in a new window)

Categories
Investing
Tags
artificial intelligence, startups