VuNet Systems, a Bengaluru-based deeptech startup, has raised Rs 60 crore in a Series B funding round. The investment was led by Pravega Ventures, with participation from Kotak Securities and existing investors Mela Ventures, Athera Venture Partners, Dallas Venture Capital, and TVS Capital Funds. Founded in 2014 by Ashwin Kumar Ramachandran, Bharat Joshi, and Jithesh Kaveetil, VuNet Systems provides deep observability into IT and digital ecosystems by connecting business outcomes.
The company’s approach promotes transparency and accountability by unifying collaboration across business, product, and IT teams. VuNet Systems serves several financial institutions, offering real-time visibility into critical business processes such as payments, lending, and capital markets. The startup plans to use the fresh funds to expand globally, strengthen product innovation, and integrate advanced AI across its platform workflows.
VuNet secures Series B funding
Shripal Shah, MD & CEO of Kotak Securities, said, “Kotak Securities is a firm believer in the growing potential of technology and AI-driven capabilities. VuNet’s proven track record of delivering real-time visibility and actionable insights using its deep tech-based full-stack platform underscores the importance of operational and tech resilience in the digital world.”
Kotak Securities’ investment in VuNet Systems is part of its Startup Investments and Engagement Initiative, which aims to support startups that are transforming the digital landscape.
The initiative also provides mentoring and incubation support to technology and fintech startups catering to India’s capital markets. Ashwin Ramachandran, Co-founder and CEO of VuNet Systems, expressed his excitement about the funding milestone, stating, “This funding milestone marks an exciting step forward as we expand globally and pioneer a new category of business journey observability. By further integrating advanced AI, including GenAI, across all workflows of our platform—from data ingestion to actionable recommendations—we are enabling clients to gain deeper insights and deliver superior customer experiences.”
VuNet Systems’ platform continues to enhance the digital resilience of businesses by leveraging cutting-edge technology to provide valuable insights.
The company looks forward to further bolstering its mission with this fresh influx of capital.