INSUBCONTINENT EXCLUSIVE:
Tens of millions of dollars in deposits made by consumers, mostly customers of fintechs that worked with Synapse, remain unaccounted for
Yet according to The Information, Pathak is reportedly moving full steam ahead on attempts to fundraise for his new venture, humanoid
robotics startup Foundation
Pathak is said to be in the midst of raising $100 million for Foundation at a whopping $1 billion valuation.The numbers seem particularly
ambitious considering the startup only debuted its humanoid robot, Phantom, earlier this year
Technology NewsRoom has reached out to Pathak for comment.
