Private Equity PE Fund Investments
Enterprise AI firm Mad Street Den raises $30-M led by Avatar Growth
Chennai-based enterprise AI company Mad Street Den (MSD) has raised USD 30 million in its Series C funding round, led by Avatar Growth Capital. Existing investors Sequoia Capital India and Alpha Wave Global also participated in the latest round.
The new investment will enable MSD to expand its artificial intelligence (AI) offerings across industries.
Company website ↗ (opens in a new tab)
From the Venture Intelligence PE-VC Deal Database: Between Feb-2015 and Mar-2022, MSD had raised over USD 20 M from Sequoia Capital India, Alpha Wave Global, Global Brain, Growx Ventures, Exfinity Fund, others.