Axponent, an India-based adtech company, has raised $17.5 million in Series A funding.

The funding round was led by Sequoia Capital, with participation from Tiger Global and Lightspeed Venture Partners.

Axponent will utilize the funds for expanding its global footprint and enhancing its AI-driven advertising solutions.

Specializing in finance niche brands, Axponent aims to leverage predictive analytics to deliver more targeted and compliant ad campaigns.