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The Economic Times
The Economic Times

Bid management firm ContraVault AI raises $3.1 million from Chiratae, Titan; eyes US expansion

United States

Bid management firm ContraVault AI has raised $3.1 million in a round led by Chiratae Ventures, with participation from existing backer Titan Capital Winners Fund, as it looks to expand in the US and build more advanced tools for infrastructure companies.

The Bengaluru-based startup plans to use the fresh capital to strengthen its engineering and AI capabilities, including developing computer vision models that can analyse technical drawings and engineering documents used in large infra projects.

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