Signzy, an AI startup, has raised Rs 40 cr led by Arkam Ventures and Mastercard. Signzy’s existing investors, Kalaari Capital and Stellaris Venture Partners also participated in the round. Signzy provides digital KYC solutions to over 100 BFSI firms including Aditya Birla Sunlife AMC, BoB, SBI, ICICI Bank and Mastercard. “We plan to strengthen our AI research and global sales to tap into the increased demand of digital product and services”, said co-founder Ankit Ratan.

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