GreyLabs AI To Raise Funding From Elevation, Z47 Partners

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Mumbai-based GreyLabs AI to raise Series A funding, led by Elevation Capital, sources told Inc42.

“GreyLabs has been having conversations with Elevation Capital for some time as the investor is looking to expand its AI portfolio,” one of the sources said. 

While the round will be led by Elevation Capital, it will also see participation from GreyLabs’ existing investor Z47 Partners (erstwhile Matrix Partners India), as per the sources.

While a questionnaire sent to GreyLabs AI didn’t elicit any response till the time of publishing this…



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GreyLabs AI To Raise Funding From Elevation, Z47 Partners


Mumbai-based GreyLabs AI to raise Series A funding, led by Elevation Capital, sources told Inc42.

“GreyLabs has been having conversations with Elevation Capital for some time as the investor is looking to expand its AI portfolio,” one of the sources said. 

While the round will be led by Elevation Capital, it will also see participation from GreyLabs’ existing investor Z47 Partners (erstwhile Matrix Partners India), as per the sources.

While a questionnaire sent to GreyLabs AI didn’t elicit any response till the time of publishing this…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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