Hyderabad-based enterprise finance automation startup Bluecopa has raised $7.5 million (about ₹62 crore) in a Series A round led by Singapore’s Analog Partners, with participation from existing backers Blume Ventures and Dallas Venture Capital. The funding takes Bluecopa’s total raised to roughly $11.6 million as it scales product development and global expansion.
AI-first platform for finance operations
Launched in 2021 by Satya Prakash, Raghavendra Reddy and Nilotpal Chanda, Bluecopa builds AI-driven software to automate core finance functions for mid-to-large enterprises. Its platform addresses high-volume, error-prone processes such as account reconciliations, accounts payable and receivable, financial reporting and month-end close.
By replacing manual, spreadsheet-led workflows with continuous processing and automation, Bluecopa aims to deliver audit-ready finance operations in near real time. The company says customers have reduced manual effort, shortened closing cycles and gained improved visibility into their financial data.
Traction and market context
Over the last year Bluecopa reported revenue growth of more than fivefold and nearly tripled its customer base. Its client footprint spans ecommerce, logistics, travel, retail and financial services—sectors that generate large transaction volumes and require strict accuracy controls.
The growth mirrors a broader enterprise trend in India and globally: finance teams are adopting AI and automation to boost efficiency, compliance and decision-making as legacy systems face pressure to modernise.
Use of proceeds and expansion plans
Proceeds from the Series A will be deployed across product innovation, strengthening AI models, hiring talent and international expansion. Bluecopa plans to enhance autonomous finance capabilities that can run continuously with minimal human intervention and to scale into North America, the Middle East and Asia-Pacific, where demand for enterprise finance automation is rising.
Investor sentiment and ecosystem impact
Participation by both global and domestic investors underscores growing confidence in Indian enterprise SaaS and AI startups. Investors view companies like Bluecopa as well-positioned to solve a global pain point—modernising CFO functions that have long relied on fragmented tools and manual processes.
Bluecopa’s fundraise also contributes to Hyderabad’s emergence as a hub for enterprise technology, highlighting how India-built AI solutions are gaining adoption worldwide as firms seek to streamline complex financial operations.
