Sources say M2P has also acquired MSD’s full stack AI platform, Vue.ai to double down on its AI and Data first growth strategy.
Through the partnership, FedEx will also be investing in Mad Street Den to help the firm double down on the logistics sector customers.
Spark 02 founders will also have access to select Surge sessions and get mentorship from Sequoia India and Southeast Asia portfolio specialists across hiring, product, legal, finance, product, technology, and marketing
Founded in 2016 by Ashwini Asokan and Anand Chandrasekaran, Mad Street Den has created AI-based solutions, through its Vue.ai and blox.ai business units, that help retailers grow their business by reducing operational costs through automation and data management.
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Inturn offers enterprise solutions to help companies manage unsold inventory across all verticals. Presently, Inturn supports some of the largest global brands and retailers like Unilever, Kind, and more.