Mukund Jha, Dunzo co-founder and CTO, in Talks to Raise Rs 80 Crore for New Gen AI Startup

- Mukund Jha, co-founder and former CTO of Dunzo, is in discussions to secure Rs 50-80 crore from Together Fund for his new generative AI startup. - This fundraising effort follows Jha's departure from the financially troubled Dunzo in October 2023, as reported by Moneycontrol. - The trend of top executives leaving established startups to launch their own ventures is gaining traction, appealing to both operators and investors. - Jha's new venture aims to merge AI and SaaS to automate quality assurance processes, according to sources familiar with the matter. - Despite Dunzo's denial of Jha's exit, insiders reveal he has stepped back from daily operations, with a formal announcement expected soon. Source: Moneycontrol