Bengaluru-based startup VuNet Systems, co-founded by Ashwin Kumar Ramachandran, Bharat Joshi, and Jithesh Kaveetil, has raised Rs 60 crore ($6.94 million) in Series B funding led by Pravega Ventures with investment from Kotak Securities Ltd (KSL) and participation from existing investors which include Mela Ventures, Athera Venture Partners (formerly Inventus India), Dallas Venture Capital, and TVS Capital Funds

The funds will support global expansion, growth in India, and product enhancements.

VuNet provides deep observability into business journeys, helping financial institutions optimize IT operations and improve customer experiences. Their offerings include bill payment, banking, credit card onboarding, and trading systems observability.

With plans to integrate advanced AI, VuNet Systems is set to lead in business journey observability.

Congratulations to the VuNet team! 🎉