India, Oct. 14 -- Agentic AI startup RevRag.AI has raised $2.5 Mn (about Rs.24 Cr) in a seed funding round led by Accion Ventures to expedite product development and expand to the US market. Cedar Hill Ventures, Wyser and Venture Catalysts have also backed the startup.

"From the perspective of financial services, the US has a vast number of companies from insurance to credit cards to loans. There is huge penetration there and a large market. And we see that there's not much competition yet in the category we're building in," cofounder and CEO Ashutosh Singh told Inc42 in an interaction.

While expanding to the US market appears to be on the top of the list, the startup is also looking to invest further in fine-tuning its own multimodal s...