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[Funding News] Febi.ai Secures $2 Million in pre-Series A Funding

  • Febi.ai, an indigenous AI business managing accounting and tax compliance, raised $2 million in pre-Series A funding from investors.
  • Investors involved in the funding round include Amit Chaudhary (Co-founder Lenskart), Padmaja Ruparel (Co-founder IAN), Rohan Bhargava (Co-founder Cashkaro), Rajat Jain (Chairman Fino Payments Bank), and others.
  • Febi.ai eliminates human data entry and inaccuracies in accounting and invoice verification through AI automation.
  • The funds will be used to enhance the AI system, acquire more clients, and expand the team.

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