Doss has secured $55 million in Series B funding to enhance its AI-powered inventory management system, which integrates with existing ERP solutions.
Why it matters
This funding round highlights the growing investment in AI solutions for traditional business operations. Doss's AI-powered inventory management aims to improve efficiency and reduce costs for businesses by leveraging artificial intelligence to predict demand, optimize stock levels, and streamline supply chains, demonstrating the practical application of AI in enterprise resource planning.
A company called Doss uses artificial intelligence to help businesses manage their stock better. They just received $55 million to improve their AI system, which connects with other business software.
GoKwik launches AI-powered Kwik Ship to optimize ecommerce deliveries in India, aiming to reduce failed deliveries and improve customer experience.
Read on Economic Times Tech →DesignX develops Df-OS and Vish.ai, an AI layer that transforms factory data into actionable decisions, adopted by over 30 enterprises including Unilever, Hero, and ITC.
Read on YourStory →Peak XV Partners appoints former Fractal executive Shelly Singh as an operating partner in its US office to bolster its focus on AI deals and support portfolio companies.
Read on Economic Times Tech →