ContraVault AI raises pre-Series A funding led by Chiratae Ventures (opens in new tab)

Procurement intelligence startup ContraVault AI has raised $3.1 million in a pre-Series A funding round led by Chiratae Ventures. The round also saw participation from existing investor Titan Capital Winners Fund.The company said it will use the fresh capital to speed up product development, improve its AI technology, and expand into international markets, especially the US. The AI startup also plans to invest in scaling its team.Founded in 2024 by Sayan Sen, Isha Juneja, and Tanmay Juneja, t...