Akshata Sharma
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Al-based enterprise spend management platform Dice has raised $5 Mn (INR 42 Cr) led by cross-border venture capital firm Dallas Venture Capital, with participation from GVFL (formerly Gujarat Venture Finance Limited)
The startup plans to use the fresh funds for various go-to-market initiatives, which are designed to enhance market penetration, broaden customer outreach, optimise sales and marketing strategies and enhance Al capabilities to improve user experience.
Founded in 2018 by Prashant Kushwah and Sonam Khubchandani, Dice is a corporate spend orchestration, digital commerce and payments platform for enterprises.
The startup claims that its connected ecosystem hosts over 500K employees and 150K vendors every month, processing transactions worth $1.5 Bn, annually.
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