Next-Gen Fraud Prevention Startup RaptorX.ai Raises Rs 4 Cr in Pre-seed Round
In a significant move, the fraud prevention software company RaptorX has secured Rs 4 crore in a pre-seed round from a lineup of prominent investors. The funding round saw participation from PeakXV Spark, EagleWings Ventures, Point One Capital, and other distinguished backers, including Lenskart Founder & CEO Peyush Bansal, Boat Co-founder & CMO Aman Gupta, and senior executives from Google.
Founded by Pratyusha Vemuri, the fresh capital will be utilized to enhance RaptorX’s AI and machine learning capabilities, catering to the evolving needs of the banking and e-commerce sectors. The company plans to expand its team by onboarding top talent aligned with its mission and culture, while also investing in improving integrations with payment gateways, e-commerce platforms, and banking systems.
“This funding allows us to advance RaptorX’s team and capabilities to help businesses uncover unknown fraud patterns, minimize losses, and create trust with their customers. Our mission is to provide a proactive, AI-driven fraud prevention platform that transforms how industries manage risk,” said Pratyusha Vemuri, CEO of RaptorX.
Operating at the intersection of Fintech, Regtech, E-commerce, and Artificial Intelligence, RaptorX focuses on fraud prevention, anti-money laundering (AML), and customer risk intelligence. The global fraud detection and AML market is poised to surpass USD 129 billion by 2030, driven by the rapid adoption in the banking and e-commerce sectors.
RaptorX aims to address these challenges by providing predictive and real-time fraud detection, revealing hidden relationships, and enabling businesses to act proactively while ensuring compliance and operational efficiency.
Going forward, the company plans to deepen its presence in the e-commerce and banking markets across India and Southeast Asia, while also exploring new AI modules for return frauds, mule detection, and real-time payment screening.
