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SenseAI Ventures leads $1 Mn round in LLUMO AI

EntrackrEntrackr · 1y ago
SenseAI Ventures leads $1 Mn round in LLUMO AI
Medial

Artificial intelligence optimisation company LLUMO AI has raised $1 million (about Rs 8 crore) in seed funding round led by SenseAI Ventures along with participation from India Quotient, AumVC, Venture Catalyst, IIM Indore Alumni Angel fund, and other angel investors. The funds will be used to expand into the US market as well as the development of an enterprise-grade platform that integrates with existing AI workflows, LLUMO said in a press release. Co-founded in 2023 by Shivam Gupta and Akshat Anand, LLUMO weeds out the hassles of inability to assess LLM performance in real-world scenarios and the soaring costs associated with LLM usage. The platform empowers businesses to reduce Generative AI costs by up to 80% and gain visibility into LLM performance. According to the Noida-based company, its solutions are two proprietary tiny LLMs which are trained on millions of data points. The first model compresses prompts, significantly reducing costs while maintaining output quality while the other is Eval-LM (Evaluation Language Model), assesses LLM-generated output without requiring ground truth data. By leveraging these models, businesses can optimize their LLM implementations, achieve faster iterations, and drive growth without straining their budgets. LLUMO AI aims to help businesses and harness the potential of Generative AI. The platform will bridge the gap between POC and production, enabling efficient deployment of AI solutions. It intends to enable businesses to drive innovation, improve customer experiences, and achieve sustainable growth.

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Irame.ai bags $1 Mn in seed round from SenseAI Ventures

EntrackrEntrackr · 5m ago
Irame.ai bags $1 Mn in seed round from SenseAI Ventures
Medial

Irame.ai, an AI-powered enterprise productivity and audit intelligence platform, has secured $1 million in its seed round from SenseAI Ventures, an AI-first venture capital fund. The proceeds will be used to accelerate Irame.ai to transform audit automation, anomaly detection, and enterprise compliance through AI-driven insights. Founded by Kapil Arora, Irame.ai streamlines the knowledge processing and forecasting process. The framework enables users to design, develop, and launch AI-driven applications without coding. Its approach claims to deliver audits up to 3-4x faster while significantly reducing costs helping enterprises modernize governance with efficiency. Built by Rahul Agarwalla and Raja Gopalakrishnan SenseAI Ventures is a Rs 200 crore fund.

Prosus, Accel, and Xeed lead pre-seed round in CodeKarma

EntrackrEntrackr · 18d ago
Prosus, Accel, and Xeed lead pre-seed round in CodeKarma
Medial

Developer productivity startup CodeKarma has raised $2.5 million in a pre-seed funding round led by Prosus, Accel, and Xeed Ventures. SenseAI Ventures and Stargazer Ventures also participated in the round. The proceeds will be used for global expansion, building AI-native infrastructure, and strategic hiring. Founded by Ananth Vanchi in 2025, CodeKarma provides a software productivity platform that integrates real-time production data into development workflows. Its core offering enables developers and AI systems to identify risks, remove unused code, and improve software quality through a closed-loop feedback system. It helps engineering teams across industries like e-commerce, fintech, and logistics manage large and evolving codebases by embedding production insights directly into developer tools. The startup plans to expand into the US enterprise market and strengthen its product capabilities.

Gen AI SaaS startup Vodex raises $2 Mn in seed round

EntrackrEntrackr · 1y ago
Gen AI SaaS startup Vodex raises $2 Mn in seed round
Medial

Generation artifical intelligence (AI) startup Vodex has raised $2 million in its seed round from Unicorn India Ventures and Pentathlon Ventures. The funds raised will be used for global expansion and to scale their business to at least four-folds in the next one year, the company said in a press release. Co-founded by Anshul Shrivastava and Kumar Saurav, Vodex uses its Generative AI solution to craft voice conversations that closely mimic human interaction, enhancing outbound sales calls with a more personal and engaging experience. Vodex offers businesses a tool to expand their reach, qualify leads, and close deals with speed and scale, all while delivering a natural and engaging customer experience. Since 2022, Vodex claims to have empowered businesses worldwide, with calling needs in the USA and Canada regions. In the Gen AI space, Ema scooped up $25 million which is the second largest funding for an early-stage startup operating in this space. In December 2023, generative AI startup Sarvam AI raised $41 million in a Series A round led by Lightspeed along with participation of Peak XV Partners and Khosla Ventures.

Aeravti Ventures leads $1 Mn round in Origin Fresh

EntrackrEntrackr · 6m ago
Aeravti Ventures leads $1 Mn round in Origin Fresh
Medial

Snippets Aeravti Ventures leads $1 Mn round in Origin Fresh Fresh produce brand Origin Fresh has secured $1 million in a pre-seed funding round led by Aeravti Ventures, with participation from a group of Ultra HNIs. New Update Fresh produce brand Origin Fresh has secured $1 million in a pre-seed funding round led by Aeravti Ventures, with participation from a group of Ultra HNIs. The fresh funds will be utilized to enhance the delivery network and support the development of cutting-edge infrastructure, Origin Fresh said in a press release. Co-founded in 2020 by Prashanth Vasan and Sidharth Raveendran, Origin Fresh delivers farm-fresh, untouched produce directly to customers' doorsteps, eliminating middlemen to offer unbeatable prices and uncompromising quality. The startup is committed to encouraging consumers to prioritize freshness and quality over speed, fostering a thoughtful approach to meal planning and healthy living. According to the Bengaluru-based company, by delivering farm-fresh, high-quality produce, it aims to enhance culinary experiences and promote overall well-being, inspiring a movement that celebrates the richness and nourishment of fresh produce. The brand promises delivery from farm to home within 12 hours. Origin Fresh claims that it has surpassed 5,000 orders within the first 40 days of launch, with over 60% of customers placing repeat orders within two weeks. The company has earned strong trust for its quality and freshness. It focuses exclusively on fresh produce and has carved a niche among health-conscious consumers, boasting an extensive catalog of over 250 items, including a wide range of exotic options.

iTuring raises $5 Mn in Series A round led by Dallas Venture and Mela Ventures

EntrackrEntrackr · 1m ago
iTuring raises $5 Mn in Series A round led by Dallas Venture and Mela Ventures
Medial

iTuring raises $5 Mn in Series A round led by Dallas Venture and Mela Ventures iTuring.ai, an enterprise-grade AI/ML platform for the Banking, Financial Services & Insurance (BFSI) sector, has raised $5 million in Series A funding round led by Dallas Venture Capital (DVC) and Mela Ventures. Prior to this, the company had raised $1.19 million in the same round co-led by SenseAI and Pentathlon Ventures along with participation from Ghosal Ventures. The proceeds will be used to accelerate the rollout of its proprietary, zero-code platform, which enables banks and insurers to automate every stage in the deployment of data science and machine learning. Co-founded in 2018 by Suman Singh, Amit Kumar, Mohammed Nawas and Srivalsan Ponnachath, iTuring.ai streamlines the entire lifecycle of data science and machine learning, enabling organizations to rapidly develop, deploy, manage, govern, and operationalize AI applications at scale. The company aims to deliver transparency, accountability, compliance, and reliability across every phase of model development, deployment, and operation. iTuring addresses the sector’s complexity by integrating advanced automation for data preparation, feature engineering, model development, deployment, and ongoing monitoring - all within a unified environment that meets the sector’s demanding regulatory and audit requirements. “Our vision from day one was to empower financial institutions to automate the full lifecycle of AI model development, deployment, and governance with a transparent, explainable, and audit-ready solution,” said Suman Singh, founder & CEO of iTuring. The company states that it delivers its AI/ML platform to clients across India, South Africa, and the United States. In the US, it has established a strategic partnership with one of the world’s leading payment platforms, enabling them to drive customer revenue growth and realize significant cost savings. iTuring claims that its clients in the BFSI sector have reported rapid project delivery and significant reductions in manual effort, with measurable gains in predictive performance.

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