- ServiceNow has announced an investment of $40 million in BusinessNext, a Noida-headquartered technology firm focused on the banking and financial services industry.
- The Series C round has valued BusinessNext at $700 million and aims to strengthen the company's efforts to drive autonomous operations and private AI solutions across banking and financial services.
- Provable Markets has raised $7.5 million according to a recent SEC filing, bringing its total reported equity funding to $15.5 million.
- Petra Labs, an AI search optimization platform, has raised $5.2 million in Seed funding led by Work-Bench with participation from Afore Capital and Pathlight Ventures.
- CARPL.ai, a radiology AI marketplace, has raised $10 million in a Series A round of funding led by the International Finance Corporation (IFC).
On July 23, 2026, ServiceNow announced a significant investment of $40 million in BusinessNext, a fintech firm now valued at $700 million. This funding aims to enhance autonomous operations and private AI solutions in the banking sector.12
Provable Markets, founded in 2020, has raised $7.5 million in a recent SEC filing, bringing its total funding to $15.5 million. The company focuses on securities lending and equity finance trading infrastructure.34
In the AI sector, CARPL.ai secured $10 million in a Series A funding round led by the International Finance Corporation, while Petra Labs raised $5.2 million in Seed funding to optimize AI-generated brand visibility.56
These investments reflect a thriving startup ecosystem, with diverse funding sources supporting innovation across various sectors.
“Farm Watt Innovations raised ₹32.5 crore in a round co-led by IAN Alpha Fund and Rainmatter to strengthen India's bioenergy supply chain. Utho Cloud announced plans to deploy 10,000 GPUs over seven to eight quarters to bolster India's sovereign AI infrastructure.”
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