VuNet Systems Wins Rs 600 Million in Series B Funding for Expansion

25 Jan 2025 CW Team

VuNet Systems, a provider of AI-driven business journey observability solutions, has raised Rs 600 million in its Series B funding round. The investment was led by Pravega Ventures, with participation from Kotak Securities Limited (KSL) and existing investors Mela Ventures, Athera Venture Partners (formerly Inventus India), Dallas Venture Capital, and TVS Capital Funds. Co-founded by Ashwin Ramachandran, Bharat Joshi, and Jithesh Kaveetil, each with over 25 years of experience in deep tech enterprise products, VuNet’s platform specialises in ‘Observability for Business Journeys’. The platform connects IT performance directly to business outcomes, providing real-time visibility across complex digital ecosystems. It integrates business, product, and IT teams, fostering transparency, eliminating silos, and ensuring streamlined accountability. Currently, the platform supports over 20 billion transactions monthly for large financial institutions, offering insights into critical operations such as payments and lending. A spokesperson from Pravega Ventures highlighted VuNet's role in strengthening India's payment infrastructure, describing it as essential for financial institutions nationwide. Shripal Shah, MD and CEO of Kotak Securities, praised VuNet’s proven expertise in delivering real-time, actionable insights powered by big data and machine learning. According to Gartner, the IT Operations Management market is projected to reach $81 billion by 2027, driven by the increasing complexity of IT environments and the need to manage hybrid cloud systems. In financial services, business observability is gaining traction for improving operational visibility, accelerating decision-making, and enhancing system reliability.

(Business Standard)

Resources

09 Mar 2026

Haworth India Hosts Women’s Leadership Panel Series

Haworth India marked International Women’s Day by hosting a leadership roundtable series titled ‘Give to Gain’, bringing together senior women leaders from architecture and design firms, corporates and project management consultancies. The series has been conducted in Delhi and Mumbai, with upcoming sessions scheduled in Bengaluru and Hyderabad on 27 March 2026. Structured as moderated panel discussions followed by audience interaction, the initiative examined the business impact of women’s leadership and the role of inclusive workplaces in supporting professional growth. Manish Khan..

Max Estates Secures RERA For Max One Project

Max Estates has secured RERA approval (UPRERA No.: UPRERAPRJ9759) for its Max One development around Max Towers in Sector 16B, Noida, bringing renewed progress to a project previously stalled following the insolvency of its earlier developer. Spread across around 10 acres with an estimated development potential of about 2.5 million sq ft, Max One is planned as an integrated mixed-use campus combining serviced residences, premium offices, retail spaces and a private club. The project is expected to generate total sales potential of about Rs 20 billion along with an estimated annuity rental inc..

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..