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Indian deep-tech firm Mantra Softech raises USD 14 million for identity management and security systems. (Source: Mantra)

Nov 26, 06:10 PM IST 2 min read

Mantra Softech, an Indian deep-tech company specializing in identity management and security systems, has secured USD 14 million in its first institutional investment round, led by India SME Fund II. The funding aims to enhance R&D, expand intellectual property, and establish an AI-focused Center of Excellence. The company’s biometric solutions are widely adopted across various sectors in India.

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