Ex-Amazon government’s startup Auger raises $100 mn for provide chain | world information

Funding among Indian startups declined by a marginal 7 per cent in the first nine months of 2024 to $7.6 billion from $8.2 billion during the same period last year.

Earlier than beginning Auger, Clark was part of the highest brass at Amazon. , Consultant Image

Former Amazon.com Client CEO Dave Clark stated on Tuesday his new software program provide chain administration startup Auger has raised over $100 million in non-public fairness funding from Oak HC/FT and others.

Auger will present a software-as-a-service platform which makes use of a synthetic intelligence working system together with automation to offer real-time knowledge and insights to corporations to ease provide chain pressures.

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Earlier than beginning Auger, Clark was part of the highest brass at Amazon, liable for turning the corporate he labored at for 23 years right into a worldwide supply behemoth.

Clark additionally briefly served because the CEO of Flexport which gives knowledge and provide chain logistics to handle orders and transport.

Auger stated it is going to unveil extra about its product roadmap within the subsequent few months.


(Solely the headline and movie of this report could have been reworked by the Enterprise Normal employees; the remainder of the content material is auto-generated from a syndicated feed.)

First Revealed: Oct 08 2024 | 7:59 pm ist

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