RaptorX.ai Secures ₹4 Crore in Pre-Seed Funding to Strengthen AI-Driven Fraud Prevention Solutions

RaptorX, an innovative fraud prevention software company, has raised ₹4 crore in a pre-seed funding round led by PeakXV Spark, EagleWings Ventures, and Point One Capital. The round also saw participation from notable investors, including Lenskart founder Peyush Bansal, Boat co-founder Aman Gupta, and senior executives from Google. This funding marks a significant milestone for RaptorX as it advances its mission to revolutionize fraud detection and prevention in banking and e-commerce using cutting-edge artificial intelligence (AI) and machine learning technologies.

Founded by Pratyusha Vemuri, RaptorX is poised to tackle the rising complexity of fraud schemes exacerbated by the boom in digital payments. The company plans to utilize the funds to enhance its AI-driven platform, develop scalable infrastructure for real-time transaction monitoring, and improve integrations with payment gateways, e-commerce platforms, and banking systems. A portion of the funds will also be directed towards hiring key talent and strengthening customer onboarding and support processes, ensuring seamless adoption of its solutions by businesses.

RaptorX’s platform leverages predictive analytics and real-time fraud detection to uncover hidden relationships, detect fraud patterns, and enable businesses to act proactively. The company’s AI framework is designed to address compliance challenges, including Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations, while maintaining operational efficiency. “Our mission is to provide a proactive, AI-driven fraud prevention platform that transforms how industries manage risk,” said Pratyusha Vemuri, CEO of RaptorX.

The funding will also support the development of dedicated AML modules for payment screening and mule detection, as well as AI capabilities to address return frauds and collusion networks. The demand for such solutions is evident in the global fraud detection and AML market, which is projected to exceed $129 billion by 2030, driven by the rapid adoption of digital payment systems across industries.

In just eight months, RaptorX has achieved significant milestones, including successful proof-of-concept (POC) projects with banking and e-commerce customers. Its innovative solutions have garnered praise from industry leaders. Peyush Bansal, founder of Lenskart, highlighted RaptorX’s impact, stating, “RaptorX has built an innovative solution capable of detecting fraud rings and layered laundering. The traction it has gained reflects its potential to revolutionize the fraud prevention landscape.”

Looking ahead, RaptorX plans to deepen its presence in India and Southeast Asia, aiming to expand its customer base to over 50 enterprise clients and handle 1 billion monthly transactions within three years. The company has set ambitious growth targets, including achieving ₹200 crore in annual revenue with a strong focus on Annual Recurring Revenue (ARR).

With its robust technology, strategic vision, and industry support, RaptorX is well-positioned to redefine fraud prevention and risk management in the digital age.