RapidCanvas raised $29 Mn Series B funding round led by Vertex Ventures SEA & India

Enterprise AI startup RapidCanvas raised $29 Mn (about ₹280 Cr) in a Series B round led by Vertex Ventures SEA & India, with participation from Hitachi Ventures and existing investors including Accel, Peak XV Partners, Valley Capital Partners and Titanium Ventures. The company said it will use the funds to expand go-to-market and field AI engineering teams across India, the US and Brazil, and strengthen its enterprise AI deployment platform.