Feb.ai, an indigenous AI business managing accounting and tax compliance, raised $2 million in pre-Series A funding from investors.
Amit Chaudhary (Co-founder Lenskart), Padmaja Ruparel (Co-founder IAN), Rohan Bhargava (Co-founder Cashkaro), Rajat Jain (Chairman Fino Payments Bank), and other significant investors participated in the round.
CAs Amit Jindal, Saurabh Jain, Ashu Goel, and Rahul Bansal created the startup. CA Ex-Ernst & Young CA Saurabh Jain and Amit Jindal.
Since 2022, Feb.ai has eliminated human data entry and inaccuracies in accounting and invoice verification.
The startup automates documentation management and tax compliance using AI and gives founders and entrepreneurs real-time business information to make better decisions.
The funds will be used to improve its artificial intelligence to automate accounting and tax compliance platforms, increase client acquisition, and grow its personnel.
About Febi.ai
Febi.ai the first AI-powered bookkeeping system in India with automated tax compliance Real-time business intelligence with a personal accountant who is dedicated.
Want to go deeper into the world of startups and entrepreneurship? Check out these categories on VIESTORIES:
Startup Success Stories: Discover inspiring tales of startups overcoming challenges and achieving success.
Funding Startup News: Stay updated with the latest news and trends in startup funding and investment.
Startup Insights: Dive into in-depth analyses of various industries and market trends to make informed business decisions.
