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2025-01-23 12:06:04 pm | Source: PR Agency
Kotak Securities invests in Deep Tech Startup Company - VuNet Systems

Kotak Securities Limited (KSL) today announced its investment in VuNet Systems, a deep tech startup specializing in 'Observability for Business Journeys’. Pravega Ventures led the Rs.60 crore Series B funding round, with participation from Kotak Securities and existing investors Mela Ventures, Athera Venture Partners, Dallas Venture Capital, and TVS Capital Funds. Kotak Securities has made this investment as part of its Startup Investments and Engagement Initiative.

VuNet’s platform provides deep observability into IT and digital ecosystems, linking IT performance to business impact. This unifies business, product, and IT teams, enhancing transparency and accountability. Several large financial institutions use VuNet’s platform for real-time visibility into diverse business journeys, including payments, lending, capital markets, and other critical processes.

Kotak Securities' Startup Engagement and Investments initiative fosters entrepreneurship by investing in startups poised to transform the digital landscape for financial institutions. The company also provides mentoring and incubation to technology and fintech startups catering to the Indian capital markets.

Shripal Shah, MD & CEO, 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 is thrilled to support VuNet's journey as the company expands globally and redefines observability for the financial services sector.”

Ashwin Ramachandran, Co-founder and CEO of VuNet Systems said, “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. We are grateful for the trust and support of our investors as we take this transformative leap.”

 

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