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DocSumo raises USD 220,000 in seed funding round

Mumbai: Acuvea Analytics Pvt. Ltd, which operates the document-focussed artificial intelligence startup DocSumo, has raised $220,000 (about Rs 1.64 crore at current exchange rates) in a seed funding round.

Participants in the fundraising exercise include early-stage venture firm Better Capital. US-based seed accelerator Techstars and Barclays also participated in this round, DocSumo said in a statement.

The Mumbai-based company was founded by Rushabh Sheth and Bikram Dahl, both of whom have been previously associated with Germany’s Rocket Internet.

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