LUMIQ, a technology company focused on AI for financial services, raises INR 50 crore in a pre-Series B funding round to expand what it describes as an “AI decision layer” for regulated industries. The company’s positioning is that, unlike much AI in financial services that remains advisory, its system is designed to execute decisions. LUMIQ says it builds autonomous and auditable AI agents that can make regulated calls in production environments.
According to the sources, the platform is used with financial institutions, including banks, insurers, and capital markets firms. The company also states that it serves clients across India and the United States. The funding is presented as strategic support to grow product development and deployment of its decision-layer approach in financial services settings.
Across the articles, the core reported details are the same: the pre-Series B amount of INR 50 crore, the company’s focus on AI agents that make decisions rather than recommendations, and its claim of existing production usage with financial clients.