Private Equity Other Private Equity/Strategic Investments
FedEx invests in AI co Mad Street Den
US-headquartered logistics MNC FedEx has invested in Mad Street Den (MSD), a Chennai-based computer vision and Artificial Intelligence (AI) company. MSD's platform enables marketing, product and technology teams to improve and optimise efficiencies. Its products are deployed across retail, healthcare, finance, media & entertainment, and education.
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From the Venture Intelligence PE-VC Deal Database: Between Feb-15 and Mar-23, MSD had attracted about USD 50 M from Avatar Growth Capital, Alpha Wave Global, Sequoia Capital India, Alpha Wave Global, Global Brain, Exfinity Fund, Growx Ventures, Others.