Rappi Acquires Fountain9 Assets to Boost TURBO with AI-driven Supply Chain Tech
September 5, 2024
Rappi has acquired the intellectual property and team assets of Fountain9, an India-origin AI-driven inventory planning and supply chain optimization startup. The asset acquisition brings Fountain9's technology and people into a newly formed Rappi entity in India to strengthen Rappi TURBO operations and to offer the supply-chain solution as a B2B product while establishing a talent footprint in India.
- Buyers
- Rappi
- Targets
- Fountain9
- Industry
- AI & Machine Learning
- Location
- India
- Transaction Type
- Buyout
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