Lumiq: Capital Raising
Lumiq raised Rs 50 crore ($5.2M) in Series B funding led by Bajaj Finserv Ventures with participation from Info Edge. Post-money valuation of Rs 440 crore (~$46.3M), representing 38% growth from Series A.
Source: Entrackr
The leadership read
Will need to hire across product development, sales leadership, customer success, and operational roles to support expansion. Given BFSI focus and 350+ current employees, likely seeking VP/Director level product, engineering, and go-to-market leaders.
Market context: the MitchelLake Talent Market Index reads 108.5 — Hot (+10.8 vs prior month); Asia signal share is easing (-2.1pts).
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