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Simplismart raised $7M in a funding round to enhance its inference engine for generative AI applications.

Oct 17, 202410 months ago

Amount Raised

$7 Million

BengaluruNatural Language ProcessingMachine LearningArtificial IntelligenceSoftware

Description

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 Information

Company

Simplismart

Location

Bengaluru, Karnataka, India

About

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.

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