VuNet Systems, a Bengaluru-based leader in AI-driven business journey observability solutions, has successfully raised INR 60 crore in its oversubscribed Series B funding round. The round was led by Pravega Ventures, with strategic investment from Kotak Securities and strong participation from existing investors, including Mela Ventures, Athera Venture Partners (formerly Inventus India), Dallas Venture Capital, and TVS Capital Funds.
VuNet Series B funding will be pivotal for its global expansion and growth within India and other strategic markets. Additionally, the funds will bolster product innovation, enhance the company’s sales and marketing efforts, and further refine its AI-driven observability platform.
VuNet Systems – Business Overview
Co-founded in 2014 by Ashwin Ramachandran, Bharat Joshi, and Jithesh Kaveetil, VuNet Systems has redefined how enterprises approach IT monitoring and digital ecosystems. The company’s flagship platform, vuSmartMapsTM, leverages cutting-edge technologies like big data, machine learning, and advanced AI to provide real-time visibility into complex IT operations.
With a unique focus on “Business Journey Observability,” VuNet links IT performance directly to business outcomes. This approach moves beyond traditional monitoring by ensuring operational and business resilience. The platform serves as a unified tool for business, product, and IT teams, enabling financial institutions to track critical business processes like payments, lending, and trading systems. Currently, VuNet processes over 20 billion transactions monthly for leading financial institutions.
A Strategic Leap with Advanced AI
Ashwin Ramachandran, Co-founder and CEO of VuNet Systems emphasized the transformative impact of the funding: “This funding milestone marks an exciting step forward as we expand globally and pioneer a new category of business journey observability. By further integrating advanced AI, including GenAI, across all workflows on our platform—from data ingestion to actionable recommendations—we are enabling clients to gain deeper insights and deliver superior customer experiences. We are grateful for the trust and support of our investors as we take this transformative leap.”
The platform’s capabilities include application observability, infrastructure observability, log analytics, and business observability, delivering comprehensive insights to reduce failures, enhance efficiency, and improve the overall customer experience.
Investor Support and Strategic Endorsements
Spokespersons from the investing firms shared their enthusiasm for VuNet’s vision:
- A representative from Pravega Ventures stated, “VuNet represents excellence in deep-tech innovation—a platform built entirely from the ground up by a team of brilliant engineers in India. Their solution is critical to India’s payment infrastructure, serving as a backbone for financial institutions across the country. We are proud to support them as they expand and continue to advance industry standards.”
- Shripal Shah, Managing Director and CEO of Kotak Securities, added, “Full-stack business observability has become mission-critical for financial institutions to ensure operational efficiency and resilience in an increasingly digital world. VuNet has a proven track record in delivering real-time visibility and actionable insights using advanced technologies like big data and machine learning. We are thrilled to support VuNet’s journey and to be part of their growth story as they expand globally and redefine observability for the financial services sector.”
Market Potential and Industry Impact
According to Gartner, the IT Operations Management market is projected to reach USD 81 billion by 2027, driven by the increasing complexity of IT environments and the need for reliable digital ecosystems. In the financial services sector, business observability is emerging as a critical tool for ensuring operational efficiency, system uptime, and enhanced customer experiences.
VuNet’s vuSmartMapsTM platform exemplifies this evolution by providing an integrated and holistic approach to monitoring IT landscapes, breaking down silos, and streamlining accountability across enterprises.
Recognitions and Achievements
VuNet has garnered numerous accolades, including membership in the NASSCOM DeepTech Club and prestigious honours such as the NASSCOM AI Gamechanger Award, Emerge50 Award, and recognition in Forbes DGEMS Select 200. The company’s innovative solutions have also been acknowledged by leading global analysts.
VuNet Systems Series B Round – Investors
- Pravega Ventures is an early-stage venture capital fund investing in transformative ideas across enterprise and fintech sectors, offering strategic guidance and operational support to help startups scale into category leaders.
- Kotak Securities, a subsidiary of Kotak Mahindra Bank, is one of India’s leading stockbroking firms, serving retail and institutional investors with a wide range of investment options, including equities, derivatives, and mutual funds.
Looking Ahead
With this significant funding, VuNet Systems is well-positioned to expand its global footprint, strengthen its technological offerings, and redefine the observability space. As digital transformation accelerates across industries, VuNet’s innovative approach to business observability promises to set new benchmarks for operational excellence and customer experience in the financial services sector.
For more details related to IPO GMP, SEBI IPO Approval, and Live Subscription stay tuned to IPO Central.
