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Indian cloud storage startup Lucidity nets $21m series A

Cloud storage management startup Lucidity has raised US$21 million in a series A funding round led by WestBridge Capital, with participation from existing investor Alpha Wave.

The company, headquartered in New York and Bengaluru, plans to use the funding to expand its marketing team and enhance its enterprise storage management solutions.

Founded in 2021 by Vatsal Rastogi and Nitin Bhadauria, Lucidity offers AI-powered software that helps enterprises manage their cloud storage infrastructure effectively.

The platform automates cloud storage provisioning and reduces the need for manual intervention, ensuring compatibility with leading cloud providers such as AWS, Azure, and Google Cloud.

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