AI Startup Antworks Raises $15 Million Funding
Singapore based AI platform AntWorks raises USD 15 million (about Rs 103 crore) from SBI Investment Co Ltd, a subsidiary of Japan's SBI Holdings, Inc.
The funding will use in enterprise RPA (Robotic process automation), fuel R&D and foray into newer markets.
Antworks has delivery centers and offices in Singapore, Australia, India, the Philippines, Qatar, Sri Lanka, the United Kingdom, and the United States.
Co-founded by Asheesh Mehra and Govind Sandhu in 2015, Antworks have more than 450 customers globally.
In October 2015, the company purchased Benchmark Systems, a company based in the United States. At the time, AntWorks primary delivery system was in Pune, India. Its first year, the company had $11 million in revenue.
The funding will help AntWorks and SBI Holdings t...