Saas fintech platform Arteria Technologies raises Rs 100 crore funding from ICICI Venture

Supply chain collaboration software-as-a-service (SaaS) and financing platform Arteria Technologies has raised Rs 100 crore from ICICI Venture, the investment arm of ICICI Bank, in a funding round.

The funding is a mix of primary and secondary capital, but the company did not disclose the parameters. It will be used to drive the company’s growth plans and artificial intelligence (AI) product expansion. The capital will also be used to scale Arteria Technologies’ engineering and product teams.

Founded in 2007 by Parag Sushilkumar Jain and Sriram…