Febi.ai funding, investors and company details

Febi.ai is an emerging Artificial Intelligence (AI) startup from Gurugram, working in the space of AI-powered bookkeeping and automated tax compliance platform. Founded by Saurabh Jain, Amit Jindal, Rahul Bansal.

Company: Rivergo Automation Private Limited
Sector: Artificial Intelligence (AI)
Location: Gurugram
Founders: Saurabh Jain, Amit Jindal, Rahul Bansal
Total funding raised: ₹16.81 Cr

Company overview

Febi.ai operates India's first AI-powered bookkeeping and automated tax compliance platform, streamlining financial management for startups, SMEs, and enterprises through paperless transaction processing. The service automates categorization of expenses and revenues, invoice verification, GST filings, smart invoicing, payments, and real-time insights like balance sheets, P&L statements, and cash flow reports, verified by dedicated bookkeepers. Gurgaon-based, it reduces manual errors and costs with features like AI-driven file management and finance concierge support, serving over 100 businesses with scalable solutions

Funding rounds

Latest round (Pre Series A): $ 2.00 Mn (₹16.81 Cr.), 2024-10-18. Investors: Amit Chaudhary (Lenskart, Padmaja Ruparel (IAN), Rohan Bhargava (CashKaro), Rajat Jain (Chairman Fino Payments Bank)