Hyderabad-Based Bluecopa Raises $7.5 Million Series A to Scale AI-Driven Finance Automation for Enterprises

Follow Us

Hyderabad-headquartered enterprise finance automation startup Bluecopa has raised $7.5 million (around ₹62 crore) in a Series A funding round, marking a major step forward in its growth journey. The round was led by Singapore-based investment firm Analog Partners, with participation from existing investors Blume Ventures and Dallas Venture Capital. With this round, Bluecopa’s total funding has climbed to approximately $11.6 million.

Founded in 2021, Bluecopa focuses on simplifying and automating complex finance operations for mid-to-large enterprises using artificial intelligence. The startup was founded by Satya Prakash, Raghavendra Reddy, and Nilotpal Chanda, who bring deep experience across finance, technology, and enterprise systems.

Building an AI-Native Finance Operations Platform

Bluecopa has developed an AI-driven platform that targets some of the most time-consuming and error-prone areas of corporate finance. These include accounts reconciliation, accounts payable and receivable, financial reporting, and month-end close processes. Traditionally, many of these tasks rely heavily on manual work, spreadsheets, and fragmented tools, leading to delays and inaccuracies.

By introducing automation and continuous processing, Bluecopa aims to help finance teams move away from periodic, batch-based workflows to real-time and audit-ready finance operations. According to the company, its customers have been able to significantly reduce manual effort, shorten closing cycles, and improve overall visibility into financial data.

Strong Growth Across Customers and Revenue

Over the past year, Bluecopa has reported strong business momentum, with revenue growing more than five times and its customer base expanding nearly threefold. The platform is already being used by enterprises across sectors such as ecommerce, logistics, travel, retail, and financial services, where transaction volumes are high and accuracy is critical.

This growth reflects a broader shift among Indian and global enterprises towards AI-powered back-office transformation, as organisations seek efficiency, compliance, and better decision-making capabilities.

How the Fresh Capital Will Be Used

The newly raised Series A funds will be channelled into product innovation, talent acquisition, and global expansion. Bluecopa plans to strengthen its AI models further to handle large-scale and complex finance use cases. A key focus will be on building more autonomous finance capabilities that can operate continuously with minimal manual intervention.

The startup also intends to expand its presence beyond India into regions such as North America, the Middle East, and Asia-Pacific, where demand for enterprise finance automation is rapidly increasing.

Investor Confidence in Enterprise AI from India

The participation of global and domestic investors in this round highlights growing confidence in Indian SaaS and enterprise AI startups. Investors believe platforms like Bluecopa are well-positioned to address a global pain point, especially as CFOs and finance leaders look to modernise systems that have remained largely unchanged for decades.

With this funding, Bluecopa is aiming to position itself as a next-generation finance operations platform, empowering finance teams to spend less time on repetitive tasks and more time on strategic initiatives.

A Growing Player in India’s Enterprise Tech Ecosystem

Bluecopa’s latest fundraise adds to Hyderabad’s reputation as a fast-growing hub for enterprise technology startups. As Indian SaaS companies increasingly build for global markets, Bluecopa’s progress signals how AI-led solutions from India are gaining traction worldwide.

As finance departments face mounting complexity and regulatory pressure, Bluecopa’s vision of continuous, intelligent finance operations could play a key role in shaping how modern enterprises manage their financial backbone.