The round was led by Peak XV Partners, with participation from 885 Capital, Y Combinator, 468 Capital, Pioneer Fund, and several prominent angel investors, including founders of unicorns Tabby and Careem, as well as regional figure Khalid Al Ameri.
The funds will be deployed to scale hiring and operations in India, expand integrations across the AI ecosystem, and enhance Unbound's model routing and orchestration capabilities.
With this acquisition, CleverTap aims to integrate analytics, engagement, and promotions into a unified offering, enhancing its value proposition for clients across sectors like gaming, retail, and financial services.
The seed round was led by Y Combinator and SenseAI Ventures, with additional support from Arka Venture Labs, Good News Ventures, Nivesha Ventures, Astir VC, GradCapital, and MyAsiaVC.
The Bengaluru-based platform aims to deploy the fresh funds to accelerate product expansion, bolster team growth, and foster innovation in diagnostics.
A total of 197 startups from 26 countries are part of the first fully remote YC cohort. After the US and UK, Indian startups have the third largest representation in the batch