AI startup Atlan valued at $750 million

Mumb ai : AI is perhaps the only new age tech space that has continued to evince investor interest despite a global slowdown in tech funding. US-based AI startup Atlan led by Indian founders Prukalpa Sankar and Varun Banka has bagged $105- million funding led by Singapore's sovereign wealth fund GIC along with co-investor Meritech Capital at a valuation of $750 million.

Existing investors Peak XV Partners and Salesforce Ventures also participated in the round taking the five-year old company's total fund count to over $200 million. Atlan is building a platform for AI and data governance.