Funding Friday: Vishal Sikka's Tryst With AI & Investor's Got the Viral Fever
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1. Not even the industry veterans could defy the huge potential lying in Artificial Intelligence. Former Infosys CEO Vishal Sikka has launched an AI startup, Vian Systems Inc which has raised $50 million.
2. Investors seem to have caught the Viral Fever. The popular online network TVF has raised close to $5 million from one of India’s leading investors, Tiger Global, taking its valuation to $82 million.
3. The raising awareness around health has got US-based healthtech platform Biofourmis a cheque of $35 million. The Series B round of funding was led by Sequoia India and Mass Mutual Ventures.
4. Coming back to India, Gurugram-based Spinny is all set give competition to CarDekho and peers. The used car platform has raised $13.2 million in Series A funding round led by Accel and SAIF Partners.
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