AI startup Innefu Labs bags $30 million in funding from Panthera Growth Partners

Artificial intelligence firm Innefu Labs has raised $30 million (about Rs 286 crore) in a Series B funding round from Singapore-based growth equity firm Panthera Growth Partners.

The capital infusion, completed through a combination of primary and secondary transactions from Panthera, positions the national security-focused AI company for an initial public offering (IPO) and will accelerate its expansion into international markets, the New Delhi-headquartered firm said in a statement on Friday.

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