Mumbai-based MagTapp Technologies specialising in an image-browser and document-reading application, has recently secured funding of Rs 1 crore in a bridge round from its existing angel investors and others, the company said in a statement.
The capital will be used to further advance the development of its AI-based AdTech system.
MagTapp is currently in the process of raising Series A funding, with Lakhani Financial Services acting as its advisory for this endeavor.