Simplismart raised $7M in a funding round to enhance its inference engine for generative AI applications.
Simplismart raised $7M in a funding round to enhance its inference engine for generative AI applications.
10/17/24, 12:29 PM
Location
bengaluruMoney raised
$7 million
Industry
natural language processing
machine learning
artificial intelligence
software
Simplismart, a Bangalore-based start-up specializing in generative AI, has successfully completed a $7 million funding round. The funding will help further develop their technology that significantly reduces response times for AI models, providing businesses with a competitive edge.
Company Info
Location
bengaluru, karnataka, india
Additional Info
Simplismart is a Bengaluru-based generative AI startup founded in 2022 by Amritanshu Jain and Devansh Ghatak. The company focuses on enabling businesses to build scalable, production-grade AI systems without the need for writing code. Its online platform allows both amateurs and experts to collaboratively train and monitor machine learning models on various types of data and use cases. The company aims to enhance its marketing and sales efforts to demonstrate the capabilities of its generative AI solutions, which are designed to automate tasks, reduce costs, and improve operational efficiency.