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Generative AI startup Ayna secures $1.5 Mn in seed round

EntrackrEntrackr ยท 1y ago
Generative AI startup Ayna secures $1.5 Mn in seed round
Medial

Bengauru-based generative AI startup Ayna has raised $1.5 million in seed funding led by early stage investment platform Inflexor Ventures. The funding will be used to expand Aynaโ€™s AI capabilities, scale its team, and accelerate its mission to make high-quality product photography accessible to businesses of all sizes, the company said in a press release. Co-founded by Aastha Rajpal and Yash Bansal, Ayna empowers brands like Reliance Retailโ€™s Clovia, Wakefit, WomanLikeU, and others to create studio-quality product photoshoots at scale, without the need for physical photoshoots. Unlike traditional methods or basic AI solutions, Aynaโ€™s proprietary compound foundational models (CFMs) give brands granular control over every detail of their product image. According to Ayna, its generative AI eliminates costly overhead, lengthy turnaround times, and creative limitations, allowing brands to optimize product visuals for maximum conversion. In the past six months, Generative AI startups have managed to mope up nearly $100 million. The list includes Sarvam AI, Ema, Neysa, Vodex, and KonProz, among others.

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Axilor bets on healthtech platform Alvye; four others raise early-stage funds

VCCircleVCCircle ยท 1y ago
Axilor bets on healthtech platform Alvye; four others raise early-stage funds
Medial

Indian healthtech startup Alyve Health has raised $5.5 million in a Series A funding round led by Axilor Ventures. The funds will be used for platform development, talent acquisition, and expansion of operations. Alyve Health offers health plans that cover a range of healthcare services, including doctor consultations, diagnostics, medicine purchases, dental procedures, gym memberships, and well-being. In addition to Alyve Health, generative AI startup Ayna raised $1.5 million in seed funding, consumer brand Rockit secured $719,299 in pre-seed funding, drinking water brand Wahter raised $599,359 in pre-seed funding, and proptech startup Landeed raised an undisclosed amount in a strategic funding round. Fintech startup LEO1 also announced an undisclosed funding amount from Indian cricketer Rohit Sharma.

Exclusive: Gen AI startup Simplismart to raise $7 Mn led by Accel

EntrackrEntrackr ยท 1y ago
Exclusive: Gen AI startup Simplismart to raise $7 Mn led by Accel
Medial

Generative artificial intelligence startup Simplismart is all set to raise a new round led by Accel, two sources aware of the matter told Entrackr. The Bengaluru-based startup will join a growing list of generative AI startups which have raised decent funding in the ongoing calendar year. โ€œAccel is leading $7 million round in Simplismart with backing from existing investors,โ€ said a source requesting anonymity. โ€œSimplismart has received the term sheets and the deal is set to be public soon.โ€ Simplismart previously raised seed money from Anicut Capital, Sunn91, First Cheque and Shastra VC but it didnโ€™t announce the deal in the media. Founded in 2022 by Amritanshu Jain and Devansh Ghatak, Simplismart enables businesses to build a scalable production-grade AI system and manage the development lifecycle without writing a single line of code. As per the company, its platform lets an amateur as well as an expert train and monitor ML models collaboratively on almost any kind of data or use-case. Sources assert that the company will be valued at around $35 million. Accel declined to comment on the story while queries sent to Simplismart did not elicit any response. In July 2023, AWS and Accel launched the AWS ML Elevate program which selected 35 generative startups from India and Simplismart was a part of the cohort. A recent study by NASSCOM said that the number of generative AI startups in India has more than doubled from 2021 to 2023. This can also be evident from the surge in funding in such startups since December 2023. As per data compiled by startup data intelligence platform TheKredible, more than half a dozen early-stage generative AI startups have raised nearly $100 million in funding in the past six months, Sarvam AI leads the pack with $41 million in Series A followed by Ema and Neysa which raised $25 million and $20 million in their seed round respectively. The list also includes Vodex, KonProz, Dubpro.ai, PlanckDOT and Ayna.

CraftifAI secures $3 Mn in seed round led by Ankur Capital

EntrackrEntrackr ยท 8d ago
CraftifAI secures $3 Mn in seed round led by Ankur Capital
Medial

Snippets CraftifAI secures $3 Mn in seed round led by Ankur Capital Multi-agent GenAI-powered platform CraftifAI has raised $3 million (approximately Rs 27.2 crore) in a seed funding round led by Ankur Capital, along with participation from IvyCap Ventures, Capital-A, Antler, and others. The fresh funds will be utilised to scale hiring across engineering and go-to-market teams and expand its footprint across global markets, CraftifAI said in a press release. Co-founded in 2025 by Pratik Sharda and Yashwant Dagar, CraftifAI is an innovative R&D company focused on Generative AI-powered, silicon-agnostic platforms for embedded systems, IoT, and Edge AI. It enables faster and more cost-effective development for robotics, drones, and automation. The Bengaluru-based startup aims to empower embedded product development by accelerating the creation of software and AI models for edge devices. The startupโ€™s core technology is a Generative AI (GenAI) and Agentic AI workflow that supports model optimisation, quantisation, and deployment for Edge AI systems. CraftifAI targets industries such as IoT, robotics, surveillance, industrial automation, and autonomous systems. It provides tools for rapid development, reducing time to market for hardware manufacturers. The platform supports a wide range of frameworks, including GStreamer, ROS2, Android, and Agentic AI. The platform consolidates fragmented toolchains into a single AI-driven workflow, automating the embedded software lifecycle. It supports end-to-end product design, development, and manufacturing, enabling clients to transform their ideas into market-ready hardware with greater speed and accuracy. CraftifAI said it has secured pilots with several Indian original equipment manufacturers (OEMs) across robotics, drones, IoT, and AI camera domains, as well as a semiconductor company listed in the US.

Darwix AI raises $1.5 Mn in seed funding round

EntrackrEntrackr ยท 8m ago
Darwix AI raises $1.5 Mn in seed funding round
Medial

Darwix AI raises $1.5 Mn in seed funding round Darwix AI, an omnichannel generative AI platform for enterprise sales and service conversations, has raised $1.5 million in a seed funding round from Rebalance, IPV, JITO Incubation and Innovation Foundation, Growth Sense, and Growth91, along with participation from angel investors such as Ankit Nagori, Sanjay Suri, Amit Lakhotia, and Mekin Maheshwari. The fresh capital will be used for product development and market expansion, the company said in a press release. Co-founded in 2022 by Ajay Sethi, Hanit Awal, and Kushal Das, Darwix AI has built a first-of-its-kind, deeply integrated omnichannel generative AI stack that provides conversational intelligence, assistance, and automation for enterprise sales. Its all-in-one platform is designed to give organizations complete visibility into customer interactions and enhance each customer touchpoint. According to the company, its generative AI stack powers omnichannel interactions for large enterprises in banking, financial services, insurance, and retail sectors, with a presence across leading players in the United States, India, and the Middle East. Built on a proprietary multi-tenant large language model infrastructure with advanced software and hardware integrations, the solution is tailored to empower these industries. โ€œOur goal is to offer a unified generative AI stack that not only understands but also elevates every customer interaction with actionable intelligence and automation. This fundraise gives us the fuel to double down on product innovation and expand our presence in the United States,โ€ said Ajay Sethi, Co-founder of Darwix AI. The companyโ€™s Transform Plus platform delivers real-time conversational intelligence, agent assistance, and automation across voice, chat, email, and in-person channels through its multi-tenant infrastructure.

Rabbitt AI raises $2.1 Mn in seed round

EntrackrEntrackr ยท 1y ago
Rabbitt AI raises $2.1 Mn in seed round
Medial

Rabbitt AI, a generative AI solutions firm, has raised $2.1 million in its seed round led by TechCurators and various angel investors. Rabbitt AI provides tools for businesses to build and deploy AI applications, including custom LLM development, RAG fine-tuning, and data-centric AI. Its platform offers a robust suite of tools, including core generative AI capabilities, custom LLM development, RAG fine-tuning, data-centric AI, MLOps integration, and voice bot AI agents. By combining these features, Rabbitt AI enables businesses to create powerful AI solutions tailored to their specific needs. TechCurators is the flagship company of the TC Group of companies, a global leader in education, e-learning, assessment, HR tech, cybersecurity, cloud development, and generative AI.

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