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Mani acts on $17m Vue.ai Series B

MSD, an artificial intelligence-based company incorporated under the US laws, represented by its Founders, Ashwini Asokan and Anand Chandrasekhar, has raised Series B round of investment from its lead investor, Falcon Edge and its existing investors, Sequoia Capital Investments and Global Brains, according to reports.

“Retail intelligence platform Vue.ai has raised $17 million (around Rs 119 crore at the current exchange rate) in a Series B round of funding led by a new investor, New York-based hedge fund Falcon Edge Capital,” reported VCCircle.

Mani Chengappa & Mathur advised Mad Street Den Inc, which operates Vue.ai, led by a team of partner Samuel Mani; senior associate Sindhushree Gadasalli; and associate Neha Susan Rajan.

Themis Associates represented Sequoia Capital through its team comprising of partner Vinayak Mishra, and lawyers Neha Madan and Nikhil Rawat.

Goodwin Procter represented Falcon Edge.

Deal value: Confidential

This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.

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