India, Nov. 25 -- India PR Distribution

Ahmedabad (Gujarat) [India], November 25: Mantra Softech, an Indian deep-tech company focused on identity management, security systems and computer vision, has raised USD 14 million in its first institutional investment round. The funding was led by India SME Fund II, with participation from Motilal Oswal Principal Investments.

The company said the capital will be directed towards strengthening its research and development programmes, expanding its intellectual property portfolio, and establishing a dedicated Center of Excellence for AI-powered computer vision and security technologies.

"This investment represents a significant step in our long-term strategy to build globally competitive technolo...