AI analytics startup Synctag raises series-A funds

NEWDELHI: Synctag, a web agglomerator and AI analytics startup, has raised Series-A funding from private equity firm Subhkam Ventures for expansion into foreign markets. The funding is for a “significant stake” in the three-year-old company, the Mumbai-based PE firm said, not willing to disclose the amount. The company, run by 25-year-old Harsh Mehta, will use the fund infusion to enter the New Zealand, Australia, Ireland and the UK markets. This is the fourth round of funding for Synctag, which manages social, email, content and other media for clients. It received two rounds of seed funding in 2015 and a third round of funding at a valuation of Rs 35 crore in 2016.