M2P Fintech in talks to acquire AI startup Vue AI in distress deal

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M2P Fintech, a financial technology infrastructure startup, is in advanced talks to acquire Vue.ai (Mad Street Den) in a distress sale for under $10 million, according to sources. The AI startup, backed by Peak XV Partners and Alpha Wave Global, has raised over $50 million since its inception but is now being sold at a fraction of that valuation. Several people involved in the deal confirmed the matter.

Mad Street Den, one of the earliest enterprise AI startups, offers AI-powered automation solutions across retail, finance, and other sectors. Its…



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M2P Fintech in talks to acquire AI startup Vue AI in distress deal


M2P Fintech, a financial technology infrastructure startup, is in advanced talks to acquire Vue.ai (Mad Street Den) in a distress sale for under $10 million, according to sources. The AI startup, backed by Peak XV Partners and Alpha Wave Global, has raised over $50 million since its inception but is now being sold at a fraction of that valuation. Several people involved in the deal confirmed the matter.

Mad Street Den, one of the earliest enterprise AI startups, offers AI-powered automation solutions across retail, finance, and other sectors. Its…



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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