LUMIQ Raises Strategic Funding Led by Bajaj Finserv to Expand AI Decisioning in Finance
LUMIQ announced in a press release a strategic funding round to expand its AI decisioning capabilities for financial institutions across the United States and Southeast Asia. The round was led by Bajaj Finserv, with participation from existing investor Info Edge Ventures.
LUMIQ develops AI agents that autonomously make decisions in production environments for banks and insurance companies. Its LiteCone platform enables these agents to handle routine cases, improving processing speed and reducing operational costs.
The new funding will be used to enhance LUMIQ's technology and broaden its market presence in financial services.
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