Mumbai-based Startup MagTapp Bags Rs1cr In Bridge Round: Report

The company intends to utilise the capital to enhance and develop the AI-base AdTech system

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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.

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