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Ex-Mu Sigma executives start AI company; get $6 million from Sequoia

The firm which was in a stealth mode has also raised $6 million in seed round funding led by venture capital Sequoia India

Ban on upfront commission, uncertainty in equity markets hit new offers
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Peerzada Abrar Bengaluru
Top ex-Mu Sigma executives Shelly Singh, Deepinder Dhingra and Pavan Palety have come together to launch Samya.ai, an artificial intelligence enterprise revenue growth company focused on the consumer packaged goods (CPG) industry. The firm which was in a stealth mode has also raised $6 million in seed round funding led by venture capital Sequoia India with participation from other angel investors and advisors. 

The global CPG industry loses 8-10 per cent revenue growth per year due to increased scale, complexity and volatility at the intersection of demand and supply operations. This loss is estimated to be $150 billion globally. Samya.ai aims
Topics : Mu Sigma