India online risk services company, Aujas, has secured more backing from existing seed backer IDG Ventures India and attracted new investors including Rajasthan Venture Capital Fund and IvyCap Ventures in an undisclosed series B round of funding.
IDG Ventures India has re-invested in portfolio company Aujas, an India online risk services company targeting large corporations, in a series B round of funding. The latest round, of which financial details were not made public, was led by venture capital firm Rajasthan Venture Capital Fund. IvyCap Ventures also participated in the round. The funding will be used to strengthen the company’s global operations, notably in North America, South Asia and in the Middle East, and development of a unique…