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Febi.ai Raises $2 Mn To Provide AI-Powered Accounting Platform

  • Febi.ai, an AI-driven accounting and bookkeeping platform provider, has raised $2 Mn in its pre-Series A funding round.
  • The funding round was co-led by Lumis Partners, former JP Morgan executive Virender Rana, and Lenskart cofounder Amit Chaudhary.
  • Febi.ai will utilize the funding to enhance its AI efficiency, automate accounting and tax compliance, and strengthen customer acquisition.
  • The platform offers documentation management, tax compliance automation solutions, and real-time business insights.

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