Latest news with #Unbound
Entrepreneur
10-06-2025
- Business
- Entrepreneur
Unbound Raises USD 4 Million to Power Enterprise AI Security and Governance
Unbound plans to invest over USD 1 million to expand its team in India and further build its AI security platform You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Bengaluru-based enterprise AI security startup Unbound has raised USD 4 million in seed funding to accelerate its efforts in model orchestration, data protection, AI integration, and open-source LLM adoption. The round was led by Race Capital, with the startup aiming to address the growing need for secure, scalable AI governance solutions across enterprises. Founded in 2023 by Rajaram Srinivasan (ex-Palo Alto Networks, Imperva) and Vignesh Subbiah (ex-Adobe, Tophatter, Shogun), Unbound is tackling a critical gap in how organisations control the use of generative AI tools. As employees increasingly rely on AI copilots for coding, content creation, and analytics often without IT oversight, Unbound's platform ensures enterprise security without interrupting productivity. The platform integrates directly with popular tools like Cursor, Roo, and internal copilots, offering real-time monitoring, redaction, and prompt rerouting. Instead of blocking AI use, Unbound intelligently redirects sensitive queries to secure, self-hosted, open-source LLMs, while allowing low-risk prompts to pass through. This approach enables up to 70 per cent savings on AI infrastructure costs and significantly reduces the risk of data leaks. In one use case, a tech company safely rolled out Gemini 2.5 to over 100 engineers in under a week using Unbound. The platform has already prevented more than 7,000 instances of potential data leaks, including exposure of credentials and personal information. Edith Yeung, General Partner at Race Capital, said, "Unbound represents a new class of AI infrastructure, one that blends visibility, safety, and cost-efficiency into a single platform. Their infrastructure-first approach is exactly what enterprises need as they scale AI use responsibly." Unbound plans to invest over USD 1 million to expand its team in India and further build its AI security platform. With increasing demand for secure AI deployment, particularly in sectors like healthcare and technology, the company sees India as a key growth market. The startup will also deepen its ecosystem integrations and support enterprises in orchestrating internal models based on custom policies and compliance needs. Its solution allows companies to retain control over how and where AI is used without sacrificing speed or safety.
Yahoo
06-06-2025
- Business
- Yahoo
Syfe secures $80m in Series C funding for Asia-Pacific expansion
Syfe, a digital wealth platform based in Singapore, has announced the completion of its Series C funding round, raising $80m. This includes a new all-equity C2 tranche of $53m at a significantly increased valuation, adding to the earlier C1 raise of $27m in August 2024. Syfe stated that the funding indicates its growing investor confidence in its mission to redefine wealth management across Asia-Pacific. The latest round brings Syfe's total funding to date to $132m and follows its strategic acquisition of Selfwealth, an online investment platform in Australia. This acquisition significantly increased Syfe's presence and user base in the Australian market. The Series C round was led by two UK family offices, with returning investors Unbound and Valar also participating. Syfe founder and CEO Dhruv Arora said: 'This fund raise comes at an exciting time as we grow our presence across the region and expand our offerings. 'In Singapore, Hong Kong, and Australia, nearly half of all adults are in the 'mass affluent' segment, and this segment is growing fast. We're in a great position to serve them with personalised, accessible, and high-quality wealth management at scale.' Syfe has grown significantly over the last 18 months, with total assets now exceeding $10bn. In Hong Kong alone, the business has doubled in size since early 2025. Syfe is prioritising automation and AI-assisted tools to enhance efficiency for clients and internal operations. The company is also making strategic hires to strengthen key capabilities. Recent notable additions include Sanjeev Malik, former managing director at BlackRock, and Dane Ricketts, Syfe's new VP of marketing, who brings extensive experience from Procter & Gamble and Grab. 'Syfe's core business has nearly doubled in the last year, and now expands further with the addition of Selfwealth to the Syfe family,' added Arora. 'This capital will be used to scale our reach and strengthen our leadership position across Singapore, Hong Kong, and Australia. We'll continue investing in innovation, enhancing the customer experience, and expanding our product suite to meet the evolving needs of investors.' "Syfe secures $80m in Series C funding for Asia-Pacific expansion" was originally created and published by Private Banker International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Economic Times
05-06-2025
- Business
- Economic Times
Wealthtech platform Syfe closes $80 million funding round, plans to expand tech team in India
ETtech Dhruv Arora, founder and CEO, Syfe Singapore-based wealth management platform Syfe has raised $53 million in a fresh funding round, led by two UK-based family offices. London-based investment firm Unbound and Peter Thiel's Valar Ventures, both existing investors, also participated in the round. In August 2024, the company had raised $27 million as part of the same round, and this extension takes the total funds raised in the round to $80 million. Founded by Dhruv Arora, an IIT Bombay alumnus and previously a senior executive at Grofers (now Blinkit), the startup is a savings and investment platform that provides diversified proprietary portfolios, cash management solutions and brokerage services to individuals. While the platform operates in Singapore, Hong Kong and Australia, its technology centre is located in Gurugram. In a statement, the company said that it intends to use these funds to hire more talent for its tech centre in Gurugram. Over the last year, Syfe's headcount has grown by nearly 15% in India. 'Our team, based out of Gurugram Tech Headquarters in India, plays a critical role in driving this expansion and building a truly global offering,' Arora, said in a press release. 'This fundraise comes at an exciting time as we grow our presence across the region and expand our offerings,' Arora added. 'In our markets of Singapore, Hong Kong and Australia, nearly half of all adults are in the 'mass affluent' segment, meaning those who have between a few hundred to a few million dollars in investable assets, and this segment is growing fast.'Last month, Syfe acquired Australia-based online investment platform Selfwealth. The company is also prioritising automation and artificial intelligence adoption for internal operations as well as on the client side.
Time of India
05-06-2025
- Business
- Time of India
Wealthtech platform Syfe closes $80 million funding round, plans to expand tech team in India
Singapore-based wealth management platform Syfe has raised $53 million in a fresh funding round , led by two UK-based family offices. London-based investment firm Unbound and Peter Thiel 's Valar Ventures, both existing investors, also participated in the round. In August 2024, the company had raised $27 million as part of the same round, and this extension takes the total funds raised in the round to $80 million. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Trading CFD dengan Teknologi dan Kecepatan Lebih Baik IC Markets Mendaftar Undo Founded by Dhruv Arora , an IIT Bombay alumnus and previously a senior executive at Grofers (now Blinkit), the startup is a savings and investment platform that provides diversified proprietary portfolios, cash management solutions and brokerage services to individuals. While the platform operates in Singapore, Hong Kong and Australia, its technology centre is located in Gurugram. In a statement, the company said that it intends to use these funds to hire more talent for its tech centre in Gurugram. Over the last year, Syfe's headcount has grown by nearly 15% in India. Live Events 'Our team, based out of Gurugram Tech Headquarters in India, plays a critical role in driving this expansion and building a truly global offering,' Arora, said in a press release. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories 'This fundraise comes at an exciting time as we grow our presence across the region and expand our offerings,' Arora added. 'In our markets of Singapore, Hong Kong and Australia, nearly half of all adults are in the 'mass affluent' segment, meaning those who have between a few hundred to a few million dollars in investable assets, and this segment is growing fast.' Last month, Syfe acquired Australia-based online investment platform Selfwealth. The company is also prioritising automation and artificial intelligence adoption for internal operations as well as on the client side.
Business Times
05-06-2025
- Business
- Business Times
Syfe raises US$53 million in expanded Series C funding round
[SINGAPORE] Wealth platform Syfe announced on Thursday (Jun 5) that it has raised US$53 million in an expanded Series C funding round. This latest round was a pure equity raise. It adds to the US$27 million secured in August 2024. Two UK family offices led the expanded Series C round, with existing investors Unbound and Valar participating in the round. The funding will be used to power Syfe's regional expansion, and make strategic hires. Recent additions to the company include Sanjeev Malik, former managing director at BlackRock. The wealth platform will also focus on automation and artificial intelligence-assisted tools to enhance efficiency for both clients and operations. 'This capital will be used to scale our reach and strengthen our leadership position across Singapore, Hong Kong and Australia,' said Dhruv Arora, founder and chief executive officer of Syfe. Syfe's total assets under management has crossed US$10 billion, with its acquisition of Australian investing platform Selfwealth recently completed in May.
