India, July 29 -- Freehand, an AI startup building autonomous agents for enterprise supply chain operations, has raised $75 Mn (Rs.718 Cr) in a funding round co-led by Battery Ventures and NewRoad Capital Partners.

The round also saw participation from PSP Growth, a venture investment arm backed by former US Commerce Secretary Penny Pritzker, along with existing investor Nexus Venture Partners and others.

The startup plans to use the fresh capital to expand its AI platform, which automates supply chain spending workflows for large enterprises.

Pando cofounders Nitin Jayakrishnan and Abhijeet Manohar founded Freehand in 2024 and the startup has been operating in stealth since. The San Francisco-based startup develops AI agents that hand...