Enterprise tech start-up Tookitaki raised $11.7 million in an extended Series A round from global investors, bringing the total size of Series A investment to $19.2 million. The company had raised $7.5 million in early 2019 as first part of Series A. The current top up was co-led by Viola Fintech and SIG Asia Investment, followed by Nomura Holdings and the company’s existing investors, including Illuminate Financial, Jungle Ventures and SEEDs Capital Pte Ltd, an investment arm of the Singapore government. Founded in 2014 by Abhishek Chatterjee, Tookitaki helps banks fight money laundering through its artificial intelligence (AI) -powered solutions.
Tookitaki closes $19.2 mn Series A round to expand India operations, fight money laundering
Date posted: Tuesday 26 November 2019