Kristal.AI previously raised US$6.3 million last March.
The firm, as of August, has built up an AUM of more than US$1 billion, and its user base has grown by more than 50% y-o-y.
“We are excited to announce this fresh funding round, which is a display of investor confidence in our business”, said Asheesh Chanda, Founder and CEO, Kristal.AI.
The firm has also applied for a license to expand into the United Arab Emirates, which has an estimated US$35 billion in AUM.
