PANews reported on May 25 that Indian Startup News reported that Indian technology startup Data Sutram completed a $9 million Series A financing, led by B Capital and Lightspeed Ventures. This round of financing, consisting of Tier 1 and Tier 2 capital, will help the company expand beyond banking and enter the fields of cryptocurrency, gaming, e-commerce, express commerce and insurance, while accelerating its AI product development and international expansion plans in Southeast Asia and the Middle East. Data Sutram's platform uses artificial intelligence and more than 250 external data sources to help banks, non-bank financial companies (NBFCs) and other financial service providers detect synthetic identities, map collusion networks and prevent the creation of "mule accounts."