AI-powered SaaS platform drives growth to the entire supply chain ecosystem
Singapore-headquartered actyv.ai, with strong presence in Bengaluru, says the US$12 million raised as part of Pre-Series A funding round will fuel global expansion, product enhancement, portfolio growth and talent acquisition.
The funding came from 1Digi Ventures, Singapore, the family office of Raghunath Subramanian, Founder and Global CEO of the company. This includes an earlier tranche of US$5 million from 1Digi Ventures in 2022.
The company delivers significant value for large enterprises across business verticals and their allied partner ecosystem through its technology platform. The company has partnered with more than 20 leading financial institutions enabling embedded BNPL. Over 25,000 distributors and one lakh retailers have been onboarded on the platform.
Commenting on the latest funding, Subramanian said on 10 Jan 2023, “We now have a proven track record of achieving milestones in product development, business growth and attracting talent.
“Our AI-powered SaaS platform with its embedded offerings, drives substantial operational efficiencies and growth to the entire supply chain ecosystem. This additional infusion of funds validates our being category creators in this space and the conviction to augment our platform’s capabilities.”
actyv.ai is an AI-powered enterprise SaaS platform with embedded B2B Buy Now Pay Later (BNPL) and insurance, transforming the global B2B supply chain by making business transactions faster and easier. fiinews.com
