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Regulatory tech startup Zango AI has raised $4.8 million in a funding round led by Nexus Venture Partners.
The round also saw early backer South Park Commons participate, along with angel investors such as Richard Davies, CEO of Allica Bank, and Alan Morgan, senior partner, financial services, at McKinsey, among others.
The fresh capital will be used to scale up the company’s teams in Bengaluru and London, and to build out other product modules for AI-native governance risk and compliance solutions, the company said.
Zango is also expanding its…
