Lumiq set to raise ₹50 crore led by Bajaj Finserv Ventures: Report

Noida-based data analytics and AI startup Lumiq is set to raise ₹50 crore in a funding round led by Bajaj Finserv Ventures, with participation from existing investor Info Edge. This would mark Lumiq's first fundraise in nearly four years. The round is expected to value the company at about ₹440 crore post-money, up from ₹320 crore.