HT News, on May 25, the technology startup Data Sutram, aimed at helping regulatory agencies prevent cryptocurrency fraud, announced the completion of a $9 million financing round, with B Capital and Lightspeed as co-lead investors. Data Sutram is committed to addressing the surge in digital transactions and related fraud risks. The new funding will support its business focus shifting towards areas such as cryptocurrencies, to address the surge in digital transactions and related fraud risks in real-time payments, Web3, and consumer insurance. The company had previously raised $3 million in 2023, led by Bharat Fund and with participation from Singularity Growth Fund.
Cryptocurrency fraud prevention company Data Sutram completes $9 million financing, led by B Capital and Lightspeed
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