T-Hub, which leads India's innovation ecosystem, announced that it has co-invested in Bluecopa through T-Fund along with Blume Ventures and other notable investors like Titan Capital, Speciale Invest, Bharat Founders Fund, T2D3, Amplify, and Force Ventures. Finance operations automation platform, Bluecopa raised USD 2.3 million in this seed funding round. Also joining the funding round are seasoned entrepreneurs Krish Subramanian, Rajaraman Santhanam, Founders of Chargebee, Rohit Chennamaneni, Founder of Darwinbox, Asad Khan, and Jay Singh, Founders of LambdaTest. T-Fund is primarily a Co-Investment Fund, which invests alongside established Angels, Angel Networks, and venture capitalists. T-Hub is the Investment Manager and will formulate investment and business development strategies for this fund. It will source startups from various sectors, including but not restricted to Information Technology, Cleantech, Agritech, Fintech, Healthtech, Logistics, Artificial Intelligence (AI), Machine Learning (ML), Internet of Things, Augmented Reality (AR), Virtual Reality (VR), Hardware, Blockchain, and Consumer tech.

When a major consumer company recently disclosed a multimillion-dollar accounting goof that had gone undetected for three years, it was forced to revise financial statements going back to 2016. The revelation sent its stock plummeting and prompted an ongoing SEC probe. Emerging technologies are doing more than streamline finance workflows. Ultimately, AI's greatest potential benefit for CFOs, managers and accountants is to help them make smarter, faster data-driven decisions. "The market is increasingly dynamic," says Meenakshi Tripathy, senior director and head of finance business products at ServiceNow.

CIO Applications, a leading technology magazine, has awarded Emagia as one of the "Top 10 Virtual Assistant Technology Solution Providers 2018." Emagia is the leading provider of intelligent digital solutions for order-to-cash operations. Selected by a distinguished panel, comprising of CEOs, CIOs, VCs, industry analysts and the editorial board of CIO Applications, Emagia was narrowed down among many other solution providers to the final Top 10 providers that exhibit competence in delivering virtual assistant technology solutions. Emagia's Gia is a digital cognitive assistant for global finance executives, order-to-cash shared services and accounts receivables operations teams. Equipped with specific skills in credit, collections and finance, Gia has smart conversational capabilities to communicate with and provide support to customers, sales, operations and treasury teams.

The Twin Cities metro also offers something bankers used to fear but are now embracing: access to artificial intelligence.