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Pramaana Labs Raises $27M Led by Khosla Ventures to Build the AI Layer That Proves It Is Telling the Truth

SAN FRANCISCO, CA$27M seed round led by Khosla Ventures, with Accel, Boldcap, Nexus Venture Partners, Premji Invest and Unbound participating. Pramaana Labs, building the layer that takes AI from probably right to provably right, has raised $27 million in seed funding led by Khosla Ventures, with Accel and additional investors. Pramaana is the first company to apply […]

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$27M seed round led by Khosla Ventures, with Accel, Boldcap, Nexus Venture Partners, Premji Invest and Unbound participating.

Pramaana Labs, building the layer that takes AI from probably right to provably right, has raised $27 million in seed funding led by Khosla Ventures, with Accel and additional investors.

3 2 Pramaana Labs Raises $27M Led by Khosla Ventures to Build the AI Layer That Proves It Is Telling the Truth

Pramaana is the first company to apply formal verification to commercial, high-stakes domains at scale. In tax, law, healthcare, finance, and government, AI still cannot stand behind its own answers. A doctor still reads the diagnosis. A lawyer still checks the brief. A CPA still signs the return. Not because the AI is too slow. Because when it is wrong in a regulated domain, it cannot be held responsible. Pramaana removes that constraint.

The system converts complex knowledge into machine-verifiable truth. First, Pramaana encodes the actual rules of a domain, the US tax code, clinical protocols, and financial regulations into a formal language that a machine can reason over with mathematical certainty. When a user asks a question, the system translates that question into a formal statement, runs it through a proof engine, and either returns a machine-checkable proof that the answer is correct or tells the user exactly which rule breaks and why. It will refuse to answer before it proves. It has never produced a confidently wrong verified answer.

“AI has an accountability gap,” said Ranjan Rajagopalan, Co-Founder and CEO of Pramaana Labs. “The world’s hardest problems are not unsolvable. They are unformalized. Every domain where being wrong can cost someone their health, money, or freedom has rules. Pramaana encodes those rules into a form that a machine can reason over with certainty. When AI can prove its answers, the human in the loop stops being a liability shield and AI becomes what it was always supposed to be: the expert.”

“Pramaana’s work is exciting because it builds on fundamental research to bring us closer to a future of seamless, trustworthy, and autonomous AI. Trustworthy AI should not require users to think like machines or become verification experts. As AI systems take on more complex tasks, trust should come from interpretable machine-checked guarantees built into the systems themselves.” said Prof. Gireeja Ranade, EECS UC Berkeley.

Every domain Pramaana formalises begins with the people who know its rules best.
Its frontier research lab brings together leading professors from IIT Delhi, IIT Madras, and UC Berkeley working on cybersecurity and drug discovery, with sponsored research at Stanford’s Centaur Lab. Its tax formalisation effort is advised by Danny Werfel, former IRS Commissioner, and built with researchers from Yale law school & Stanford. And this pattern holds across every domain: the people who built the system are the ones encoding it.

“While these are exciting times, AI-driven innovations also carry significant risk if they’re not deployed responsibly. I see Pramaana Labs as a critical missing puzzle piece that, when plugged into existing AI solutions, helps tax filers and tax professionals achieve outcomes with greater speed, accuracy, and fidelity.” said Danny.

The company’s early backers include Pushmeet Kohli, VP at Google DeepMind, and Sriram Rajamani, Corporate VP at Microsoft CoreAI, two of the world’s leading researchers in formal verification.

The founding team combines formal methods expertise with deep experience in AI systems across the world’s largest technology companies. Ranjan Rajagopalan led Google Maps Moderation, building models that kept a planetary-scale live database accurate. Krishnan Raghavan spent three years at Glean building the first version of Glean Assistant and fighting hallucinations, until he realised that solving them is a research problem, not a product problem. Sanjay Ganapathy, a former Staff Research Engineer at Google DeepMind with a decade in AI research, was a core contributor to Gemini models. He built its tool-use system and drove post-training efforts to advance frontier AI for real-world tasks. All three are IIT Madras alumni.

The funding will be used to train the formalisation and prover models, hire research engineers, and scale domain experts across regulated verticals, including tax, human diagnosis, cybersecurity and financial compliance.

About Pramaana Labs

Pramaana Labs builds AI that converts complex human knowledge into machine-verifiable truth, where every claim is grounded, traceable, and accountable. The company is the first to apply formal verification to commercial, high-stakes domains, including tax, healthcare, financial compliance, and government policy. Founded in 2025 and headquartered in Palo Alto, Pramaana is backed by Khosla Ventures, Accel, Boldcap, Nexus Venture Partners, Premji Invest and Unbound, and additional investors. Learn more at pramaanalabs.ai

Media Contact

Lauren Estes

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Versus Launches as First Global Licensed Prediction Market — Culture, Politics, Sports & Finance

LONDON, UKBuilt by a solo founder over two and a half years, versus holds UK Gambling Commission and Tobique Gaming Commission licences and launches natively on iOS and Android across the UK, Canada, Latin America, and parts of Europe

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LONDON, UK – June 2026 – versus Inc. today announced the mid-June 2026 launch of the versus App, a regulated prediction market platform that holds the largest legally licensed footprint of any operator in its category. The platform was built over two and a half years by David Worldorf, its 28-year-old founder, and launches with a full suite of regulated prediction markets spanning culture, politics, finance, entertainment, cryptocurrency, sports, and additional verticals. The versus App is available natively on the Apple App Store and Google Play Store in the United Kingdom, Canada, Latin America, and parts of Europe.

The launch addresses a significant gap in the prediction market landscape: the absence of a platform combining broad market coverage, verified information infrastructure, and full regulatory licensing in a single consumer-facing product. Existing operators in the space have typically operated either with limited licensing or with limited market scope. versus enters with both, positioning itself as the first genuinely global legal alternative for participants seeking a regulated environment for prediction market activity.

Platform Architecture: Four Integrated Components

The versus App is structured around four core components, each addressing a distinct dimension of the prediction market experience.

versus Pulse: A verified news feed delivering real-time, sourced information directly relevant to active prediction markets. versus Pulse ensures that market participants have access to the same verified information basis when forming their predictions, reducing the informational asymmetries that characterise less structured prediction environments.

Live Social Commentary: Real-time commentary aggregated from X and Reddit, integrated alongside market data to provide participants with the full spectrum of public sentiment and analysis surrounding active events. The social layer is designed to complement rather than replace verified information, offering context without substituting opinion for fact.

versus AI: A proprietary AI research assistant built specifically for the versus platform, providing market participants with on-demand analytical support, event research, and predictive context across all active market categories. versus AI operates as an integrated tool rather than a standalone feature, accessible within the market interface at the point of decision.

Regulated Prediction Markets: A broad and continuously expanding catalogue of prediction markets across culture, politics, finance, entertainment, cryptocurrency, and sports. All markets operate within the regulatory framework established by versus’s dual licensing structure, providing participants with the legal protections and operational standards associated with fully licensed market operation.

Regulatory Standing: Dual Licensing Across Jurisdictions

versus holds an operating licence issued by the UK Gambling Commission, one of the most stringent regulatory frameworks governing prediction and gaming market operators globally. The platform has also received pre-approval from the Tobique Gaming Commission, extending its licensed operational footprint to additional international markets.

The dual licensing structure is the foundation of versus’s market positioning as a legal alternative in a category where regulatory compliance has historically been inconsistent. For participants in jurisdictions where prediction market activity is subject to regulatory oversight, the versus App offers a platform that satisfies those requirements without sacrificing market breadth or user experience quality.

The platform is fiat-native, accepting Apple Pay, debit cards, and e-wallets. No cryptocurrency is required to participate, a design decision that reflects versus’s focus on accessibility and regulatory clarity in jurisdictions where cryptocurrency payment rails introduce additional compliance complexity.

A Solo Build: The Story Behind the Platform

The versus App was built single-handedly by David Worldorf over the course of two and a half years. Worldorf, who was 28 years old at the time of the platform’s completion, designed and developed the full product — including its market infrastructure, verified news integration, AI research assistant, and regulatory compliance architecture — without a co-founder or development team.

The solo build timeline is notable in the context of a category where comparable platforms have typically required multi-year development cycles supported by venture-backed engineering teams. The versus App’s scope — encompassing native iOS and Android applications, a proprietary AI assistant, live social commentary integration, and a dual-licensed market infrastructure — represents an unusual concentration of product development within a single founder-led effort.

“The prediction market space has needed a genuinely licensed, genuinely global product for a long time. Everything about how versus is built — the licensing, the verified information layer, the AI research assistant — was designed from the beginning to give participants something they could actually rely on.”

— David Worldorf, Founder, versus Inc.

Availability

The versus App is available for download on the Apple App Store and Google Play Store effective mid-June 2026. The platform is accessible to users in the United Kingdom, Canada, Latin America, and parts of Europe. Additional market availability is expected to expand in line with the company’s ongoing licensing and regulatory activity. 

About versus Inc.

versus Inc. is the operator of the versus App, a regulated prediction market platform holding a UK Gambling Commission operating licence and Tobique Gaming Commission pre-approval. The platform combines verified news through versus Pulse, live social commentary from X and Reddit, a proprietary AI research assistant, and regulated prediction markets across culture, politics, finance, entertainment, cryptocurrency, and sports. The versus App is available natively on iOS and Android in the UK, Canada, Latin America, and parts of Europe. versus is fiat-native and accepts Apple Pay, debit cards, and e-wallets.

 

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Versus App Launches as the UK’s First Legal Global Prediction Market — and Fintech Is Paying Attention

London, June 2026 — The prediction market industry is undergoing a fundamental shift. For years, the dominant platforms in the space operated offshore, relied on cryptocurrency infrastructure, and existed in regulatory environments that offered users little formal protection. The emergence of Versus App — the first UKGC-licensed, fiat-native prediction platform with global reach — marks […]

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London, June 2026 — The prediction market industry is undergoing a fundamental shift. For years, the dominant platforms in the space operated offshore, relied on cryptocurrency infrastructure, and existed in regulatory environments that offered users little formal protection. The emergence of Versus App — the first UKGC-licensed, fiat-native prediction platform with global reach — marks the beginning of a new chapter in which regulated, consumer-protected forecasting becomes the standard rather than the exception.

Versus holds a Remote General Betting Licence issued by the UK Gambling Commission, account number 101143, making it one of the most thoroughly credentialed platforms operating in the prediction market category today. This is not a minor operational detail. UKGC licensing imposes strict obligations around responsible gambling, user verification, financial conduct, and dispute resolution — obligations that the unregulated offshore platforms dominating the current landscape are not subject to. For users who have previously engaged with platforms that lack this regulatory foundation, the difference in protection is substantial and concrete.

The platform positions itself explicitly as a legal prediction market app for users who want exposure to the forecasting economy without accepting the legal and financial risks that come with offshore participation. Deposits and withdrawals are handled entirely through conventional fiat payment methods — no crypto wallets, no blockchain interfaces, no exposure to token volatility. This fiat-native architecture makes Versus accessible to a far broader demographic than crypto-gated platforms, including institutional participants and retail users in regulated markets who are unable or unwilling to engage with unregulated blockchain-based systems.

At the product level, Versus offers over 1,000 active markets covering financial events, geopolitical developments, technology milestones, and cultural moments. The user experience is built around three clear steps: discover a prediction question, take a position, and get paid when correct. The payout structure is transparent and predetermined, eliminating the information asymmetry that plagues many speculative products. Versus AI assists users in tracking their own performance patterns and sharpening their forecasting methodology over time, creating a learning loop that rewards consistent analytical improvement.

As a UK regulated prediction market, Versus also goes beyond its licensing obligations in several notable ways. Built-in deposit limits, mandatory behavioral reality checks every sixty minutes, and full GAMSTOP integration reflect a platform philosophy centered on sustainable, intelligent engagement. Partnerships with GamCare, BeGambleAware, and betblocker further cement its commitment to responsible operation. For anyone evaluating the alternative to Polymarket that best combines regulatory credibility with product depth, Versus is the most compelling option currently entering the market.

 

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Wyoming Authorities Confirm Links to Assam CM’s Wife in Foreign Entity Probe, Raising Broader Concerns Over Illicit Wealth Parking in U.S. States

WyomingBy Dvid ken. Cheyenne, Wyoming In a development that has sent ripples from the political battlegrounds of India’s Assam state elections to the corporate filing offices of the American West, authorities in Wyoming have verified the existence of U.S.-registered entities connected to Riniki Bhuyan Sarma, the wife of Assam Chief Minister Himanta Biswa Sarma. What […]

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1781159710 Wyoming Authorities Confirm Links to Assam CM’s Wife in Foreign Entity Probe, Raising Broader Concerns Over Illicit Wealth Parking in U.S. States

By Dvid ken. Cheyenne, Wyoming

In a development that has sent ripples from the political battlegrounds of India’s Assam state elections to the corporate filing offices of the American West, authorities in Wyoming have verified the existence of U.S.-registered entities connected to Riniki Bhuyan Sarma, the wife of Assam Chief Minister Himanta Biswa Sarma.

Picture 5 Wyoming Authorities Confirm Links to Assam CM’s Wife in Foreign Entity Probe, Raising Broader Concerns Over Illicit Wealth Parking in U.S. States

What began as a heated political accusation in India has evolved into a case highlighting vulnerabilities in how foreign nationals and politically exposed persons may utilize U.S. state-level corporate structures to obscure assets and identities.

The controversy erupted in early April 2026 amid Assam’s state assembly elections. Congress leader Pawan Khera publicly alleged that Riniki Bhuyan Sarma held multiple foreign passports — from the UAE, Antigua and Barbuda, and Egypt — in addition to her Indian passport, potentially violating India’s single-citizenship policy. Khera further claimed she was linked to a Wyoming-registered company with massive undisclosed assets, estimated in some reports at around

₹52,000 crore (roughly $6+ billion), along with other overseas interests.

Wyoming Investigation Validates Core Corporate Links

Following a formal complaint and viral dissemination of related documents, Wyoming state officials initiated a review exceeding 45 days. Investigators examined public business filings and related records. Officials have now confirmed that multiple LLCs in Wyoming list connections to Riniki Bhuyan Sarma, including entities such as variations referencing “Bhuyan Properties LLC” where she appears as an organizer or authorized party with addresses tied to her known details. Documents available through U.S. state departments, including signatures and authorizations, match records produced by or on behalf of Sarma herself. These findings contradict her public statements in Indian media dismissing the materials as “fabricated” or involving doctored documents.

State officials, speaking on condition of anonymity due to the ongoing nature of related inquiries, emphasized that while LLC formations in Wyoming are straightforward and privacy-oriented — a feature that attracts legitimate businesses — they can also be exploited. “This case underscores how foreign individuals may leverage state corporate vehicles to park or obscure wealth, sometimes in ways that skirt federal scrutiny on money laundering, beneficial ownership, and sanctions compliance,” one official noted.

National Implications for U.S.Financial Oversight

The matter has drawn attention from officials across multiple U.S. states and federal agencies. Wyoming’s business-friendly environment, with minimal disclosure requirements for LLCs compared to some other jurisdictions, is now under renewed examination. Experts say this serves as a landmark example of how politically connected foreigners can use layered entities, nominee addresses, and multiple passports or residency programs (often called “golden passports”) to conceal assets.

Federal laws, including the Bank Secrecy Act and provisions under the Corporate Transparency Act, aim to combat such practices. However, enforcement gaps at the state level can complicate efforts to trace illicit flows. Authorities are expected to deepen coordination with Indian law enforcement and international partners to examine potential money laundering, tax evasion, or sanctions issues.

“This isn’t just about one family or one state,” a source familiar with the broader review said. “It highlights systemic risks where state agents and hidden beneficial ownership allow concealment of wealth that may originate from corrupt or undisclosed sources abroad. Every aspect — from passport authenticity to funding trails — will now face rigorous scrutiny.”

Denials and Counter-Claims in India

In India, Riniki Bhuyan Sarma has strongly denied the allegations, describing them as politically motivated smears involving AI-generated or photoshopped documents. She has filed complaints and asserted she holds only Indian citizenship. Her husband, Chief Minister Sarma, has vowed legal action against those spreading the claims.

Fact-checks in Indian media have questioned the scale of the alleged assets, noting some referenced companies were recently formed or lacked evidence of the enormous valuations claimed. Nevertheless, the confirmed existence of the Wyoming filings — bearing her verified details — has kept the story alive and prompted calls for deeper probes by Indian agencies like the Enforcement Directorate.

A Case with Global Ramifications

As law enforcement on both sides of the globe prepares to examine the full scope — including passport records, financial flows, and corporate governance — this episode stands as a cautionary tale. For the United States, it reinforces the need for tighter alignment between state corporate registries and federal anti-money laundering frameworks. For India, it raises uncomfortable questions about asset disclosure by public figures and their families.

Investigators continue to pursue leads. Multiple companies with ties to Mrs. Sarma are under review in the U.S., and Indian authorities are expected to seek formal assistance. The coming weeks promise further revelations that could reshape discussions on transparency, political accountability, and cross-border wealth management.

This news organization will continue to monitor developments and provide updates as more information emerges from official sources.

 

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