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.
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.
Want to receive such news items in your inbox? Click Here to sign up for a trial.
