UnifyApps, a startup utilizing AI technology for automation, raised $50 million in a funding round led by WestBridge Capital. Valued at $250 million, the Series B round included investors like ICONIQ, bringing total fundraising to $81 million. Founded in 2023, UnifyApps connects systems for tasks like claims processing, with clients including Lowe’s, HDFC Bank, and Deutsche Telekom. Revenue has grown significantly year over year, competing with companies like UiPath and Automation Anywhere. Co-founder Ragy Thomas named chairman and co-CEO to expand the team, operations, and platform development.

Read more at Yahoo Finance: AI startup UnifyApps raises $50 million, taps Sprinklr founder as co-CEO