This would be Rai's first providential investment in a startup. She was not available for comment. Co-founder and CEO of Ambee, Akshay Joshi, did not respond to a request sent by email.
Founded in 2017 by automotive engineer Joshi, lawyer Jaideep Singh and data scientist Madhusudan Anand, the startup has raised start-up capital from Venture Catalysts. He is currently part of the India TechStars Accelerator Group.
Bollywood Alerts are showing growing interest in supporting startups. As reported by TOI in May, Deepika Padukone has already supported several startups while Goqii portable device maker last month said that Akshay Kumar had invested in this project.