Enterprise AI Startup RapidCanvas Nets $29 Mn To Expand GTM Teams

Enterprise AI startup RapidCanvas has raised $29 Mn (about ₹280 Cr) in its Series B funding round led by Vertex Ventures SEA & India. The round also saw participation from new ventures Hitachi Ventures, along with existing investors Accel, Peak XV Partners, Valley Capital Partners and Titanium Ventures. RapidCanvas will use the proceeds to expand its go-to-market teams and field AI engineering team across India, the US and Brazil.