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Ventureast and Exfinity back analytics startup IQLECT in bridge round

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February 21, 2025

Bengaluru-based big data analytics firm IQLECT Software Solutions Pvt. Ltd has raised $2.5 million (around Rs 17.2 crore at current exchange rates) in a bridge round of funding led by early-stage investment firm VentureEast, according to a report in The Economic Times. Existing investor Exfinity Venture Partners also participated in the round. IQLECT will use the fresh capital to set up a leadership team in Bengaluru besides strengthening its engineering and sales operations, the report added.

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