IT startup Nirmata raises $4 million in funding led by Z5 Capital

IT startup Nirmata on Wednesday said it has raised $4 million (around Rs 30 crore) in a funding round led by Z5 Capital. Uncorrelated Ventures, Samsung Next, Benhamou Global Ventures (BGV) and angel investors Saqib Syed and BV Jagadeesh also participated in the pre-series A funding round.

“With this new investment, the company will scale its product and operations to support the Kyverno community and establish an engineering team in India as well as grow its sales and marketing to accelerate its adoption,” Nirmata said in a statement.