Mantra Group Raises ₹125 Crore Funding from India SME Fund to Accelerate AI Innovation
Summary
Mantra Group has raised ₹125 crore in its maiden institutional funding round, led by India SME Fund II with participation from Motilal Oswal Principal Investments and other investors. The company develops identity verification, security, computer vision, and AI solutions, which makes this news relevant to the software sector. It plans to use the capital to expand research and development, create a Center of Excellence for AI and computer vision, and strengthen intellectual property creation. Mantra Group also wants to broaden its enterprise deployments across India and expand into West Asia.
Funding
Amount
$15.0M
Total raised
Date
November 4, 2025
Announcement date
Investors
Mantra Group
Lead investors
Company
-
Funded company
Classifications
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applications
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