Zinit, an AI sourcing platform, raised $8M led by AltaIR Capital with DVC, valuing it at $48M. It automates sourcing, bids, and RFPs with AI. Operating in five countries with 100+ clients and 100,000+ suppliers, it named Naveen Suri Regional Director for India. CEO Anton Buzdalin plans expansion in India to boost its AI procurement stack and tap automation demand.
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AI Sourcing Startup Zinit Raises $8M; Eyes India as Key Growth Market
By Kalyan Kumar
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