<article>SAIF-backed mobile crowdsourcing platform Playment has raised $1.6 million, while Bangalore-based TAO Automation has secured funding from 3one4 Capital and Arihant Patni.</article>

SAIF-backed mobile crowdsourcing platform Playment has raised $1.6 million, while Bangalore-based TAO Automation has secured funding from 3one4 Capital and Arihant Patni.
<h3 class="tinymce-colortext" style="text-align: justify;">SAIF-backed Playment raises $1.6m</h3>
SAIF Partners-backed mobile crowdsourcing platform <a href="https://www.dealstreetasia.com/?s=Playment" target="_blank" rel="noopener">Playment</a> has raised $1.6 million as a part of its pre-Series A funding led by <a href="https://www.dealstreetasia.com/?s=YCombinator" target="_blank" rel="noopener">YCombinator</a>, Sparkland Capital and Silicon Valley angels like Ryan Petersen (CEO, Flexport), Max Altman and others.
Playment will use the funding to build its engineering, product, and data science teams, build an internal AI research lab, and set up an office in Bay area, according to an Inc42 <a href="https://inc42.com/buzz/ai-crowdsourcing-playment-funding/" target="_blank" rel="noopener">article</a>.
Playment team will use the newly raised funding to build its engineering, product, and data science teams, build an internal AI research lab, and set up an office in Bay area.
Last year, in July, the company had <a href="https://www.dealstreetasia.com/stories/india-dealbook-playment-raises-funding-from-saif-adani-buildtraders-mps-in-ma-news-46384/" target="_blank" rel="noopener">raised</a> $800,000 in pre-Series A round from VC firm SAIF Partners. With the new funding, the company has raised a total $2.4 million in the round.
<h3 class="tinymce-colortext" style="text-align: justify;">TAO Automation gets seed funding from 3one4 Capital, Arihant Patni</h3>
Bangalore-based TAO Automation Services Pvt. Ltd has received an undisclosed sum in seed funding from early-stage venture capital firm <a href="https://www.dealstreetasia.com/?s=3one4+Capital" target="_blank" rel="noopener">3one4 Capital</a> and investor Arihant Patni.
At the same time, Swaminathan Dandapani, former MD and chief executive of Infosys BPO has joined company&#8217;s board of directors.
Founded in 2016, TAO Automation is an automation consulting and services provider which enables companies to develop and implement customised automation strategies.
&#8220;The last 12 months in the robotic process automation space have largely been a testing of waters by companies. Our outcomes, life-cycle approach along with a platform and framework offering are unique and will provide real efficiencies and hard savings to an enterprise,&#8221; said Jawahar Bekay , co-founder of TAO Automation.
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SAIF-backed mobile crowdsourcing platform Playment raised $1.6 million, while Bangalore-based TAO Automation secured funding from 3one4 Capital and Arihant Patni.

India Dealbook: Playment, TAO Automation raise funding

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India Dealbook: Playment, TAO Automation raise funding

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