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Belong, a fintech platform dedicated to Non-Resident Indians (NRIs), has raised $5 million in seed funding led by Elevation Capital. The startup plans to expand its product offerings and operations, starting from the UAE and moving into markets like Saudi Arabia, Qatar, the UK, and the US. Leveraging GIFT City’s regulatory framework, Belong aims to simplify cross-border banking and investment for NRIs with products such as US dollar-denominated fixed deposits, equity, insurance, and international cards.

The fresh funds will be used to scale and develop its AI agent workforce across global life sciences enterprises, build its engineering team, and integrate with some legacy platforms within the life sciences segment. The Boston-based startup uses AI agents to automate and raise the level of efficiency of scientific knowledge work within highly regulated industries.

Pune: The state Criminal Investigation Department (CID) introduced an Artificial Intelligence (AI)-based data measurement system on Wednesday at the Pashan headquarters of Pune rural police selected for the pilot project.