iTuring.ai Secures $5M Series A to Scale Zero-Code AI for BFSI!

iTuring.ai has raised $5 million in Series A funding led by Dallas Venture Capital and Mela Ventures, with participation from SenseAI Ventures, Pentathlon Ventures, and Ghosal Ventures.

Founded by Suman Kumar Singh, Amit Kumar, Mohammed Nawas M P, and Srivalsan Ponnachath in 2018.

iTuring.ai is building an enterprise-grade zero-code AI/ML platform that allows banks and insurers to automate the entire AI/ML lifecycle, from model development and deployment to governance and monitoring.

The fresh capital will be used to accelerate the rollout of iTuring’s proprietary zero-code platform, deepen its global footprint, and expand its role as a key AI enabler in the BFSI landscape.

• Serves clients across India, South Africa, and the United States, including a strategic partnership with a major global payment platform.
• Provides advanced automation for data preparation, feature engineering, and model monitoring, drastically reducing manual effort and boosting predictive performance.