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lumi ai secures 3.7 million funding to transform supply chain analytics

Lumi AI, a UAE-based startup, has raised $3.7 million in seed funding to enhance its conversational analytics platform, enabling businesses to transform complex ERP and supply chain data into actionable insights without technical expertise. The platform allows users to generate customized reports through natural language queries, addressing inefficiencies in traditional business intelligence tools. With a diverse customer base and plans for expansion, Lumi AI aims to redefine data accessibility and empower organizations to make faster, data-driven decisions.

lumi ai secures 3.7 million to enhance supply chain analytics platform

Lumi AI, a UAE-based startup, has raised $3.7 million in seed funding to enhance its AI platform for supply chain analytics. Founded in April 2023, the company aims to simplify data analysis for businesses through a self-service chat interface, enabling users to generate insights without technical expertise. With strong demand across various sectors, Lumi plans to expand its engineering team and market reach, positioning itself as a leader in operational data intelligence.

lumi ai secures 3.7 million funding to transform supply chain analytics

Lumi AI, a UAE-based startup, has raised $3.7 million in seed funding to enhance its conversational analytics platform, which transforms complex ERP and supply chain data into actionable insights without requiring technical expertise. Founded in April 2023, Lumi AI aims to empower businesses across various sectors to make data-driven decisions through a self-service chat interface that simplifies data analysis. With strong demand from industries with intricate supply chains, the company plans to scale its operations and expand into new markets.

lumi ai raises 3.7 million to transform retail analytics with ai technology

Lumi AI, a UAE-based startup, has raised $3.7 million in seed funding led by AgFunder to enhance its AI-powered retail analytics platform. Founded in April 2023, the company aims to revolutionize supply chain management by enabling real-time data analysis through conversational analytics, catering to a diverse global client base. With plans to expand its team and develop new features, Lumi AI is positioned to transform decision-making in the retail sector.

Dario Schiraldi's Leadership Journey in Global Financial Services and Investment Strategies

Dario Schiraldi, a seasoned banking executive with over twenty years in the financial services industry, has held significant leadership roles at Deutsche Bank, managing a €5 billion business unit and overseeing €750 billion in assets. After departing in 2016, he now leads VIDA Ventures and VIDA Holding, focusing on investments in technology, real estate, media, and food services. Schiraldi's career reflects a strong synergy of leadership and innovation, driving business value across various sectors.

lumi ai secures 3.7 million funding to enhance supply chain analytics

Lumi AI has raised USD 3.7 million in seed funding, led by AgFunder, to enhance its self-service data analytics platform for supply chains. The funding will support growth in engineering and customer success, enabling users to extract insights from ERP data without coding, thereby boosting productivity. The platform features a chat module that acts as a personal data analyst, allowing users to explore data and generate insights using plain language.

former vp bank ceo joins wrise singapore as non-executive director

Paul Arni, former CEO of VP Bank, has joined WRISE Singapore as a non-executive director, effective immediately. He will guide the firm's corporate strategy, governance, and risk management, emphasizing the importance of robust governance in wealth management. WRISE Group is expanding its presence in Asia, having recently launched offices in Shenzhen and Dubai.

wealth management appointments at northern trust rwk goodman and hawksford

Northern Trust Asset Management has appointed Tim Brown as head of UK sales, focusing on expanding its presence in the region. Meanwhile, RWK Goodman has welcomed Catherine Morgan as a partner in its family law team, enhancing its capabilities in the Thames Valley. Hawksford has named Simon Turner as head of Africa to bolster its support for investment flows in the continent, leveraging his extensive experience in private equity and corporate strategy.

Shuaa Capital secures deal with creditor boosting non-cash profits by Dh36.9 million

Shuaa Capital, a Dubai-based investment firm, has successfully reached an amicable agreement with a major creditor. This deal is expected to positively impact the company's financials, generating a non-cash profit of Dh36.9 million.

Indian healthtech startup Dozee raises 8.3 million in funding round

Bengaluru-based healthtech startup Dozee has raised ₹71.5 crore (US$8.3 million) through a mix of equity and debt funding. The investment includes US$735,689 from Temasek Trust’s C3H and US$6.8 million in debt from Stockhausen International, alongside contributions from undisclosed strategic investors. Founded in 2015, Dozee specializes in contactless patient monitoring systems that track vital signs and feature an early warning system for health deterioration, with plans for international expansion and product diversification.
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