India, May 13 -- Agentic artificial intelligence platform for finance Hyperbots has secured $6.5 Mn (around INR 55 Cr) in a Series A funding round co-led by Arkam Ventures and Athera Venture Partners.

The round also saw participation from JSW Ventures, along with existing investors, including Kalaari Ventures, Sunicon Ventures and Darashaw & Company.

The company plans to use the fresh capital to expand its market reach in the US, besides, building new AI co-pilots for finance teams, including the launch of its large language model (LLM) HyperLM, which is trained exclusively on finance and accounting (F&A) data.

"Securing this investment is far more than fresh capital. It is our springboard for a new era of finance and accounting transf...