AI startup FireAI raises ₹4 crore seed funding round led by IPV

FireAI, an AI-powered business intelligence startup has raised Rs 4 crore in seed funding round led by Inflection Point Ventures, a Gurugram-based angel investment firm.

The startup will use the funding to develop products, including innovations like Causal Chain, Text to SQL capabilities, and a proprietary ETL tool that enhances scalability, speed and user experience. It will also focus on hiring skilled tech professionals and expanding into new markets.

Read Also- Dashamlabs raises Rs 12 crore in seed funding round

Vipul Prakash, Founder & CEO, FireAI, said, “From India for the world, we've only just begun, this is just 20% of what we aim to achieve. At Fire AI, we're building bold and meaningful innovations like Causal Chain, India’s first diagnostic analytics platform, designed not just from a technical perspective, but through the eyes of real stakeholders. Our aim is to enable businesses, truly and meaningfully. Collaboration with IPV reaffirmed our belief that business intelligence for the future depends on simplicity and accessibility.” 

“With Fire AI, we are redefining how organisations interact with data, shifting away from complex dashboards to real-time, conversational insight. Our ambition is to give each decision-maker real-time intelligence, fueling growth and innovation,” Prakash said.

“AI today is transforming all facets of life. However, it has also caused an overload of data without any means to interpret it or turn it into actionable next steps. This gap often leads to underutilization of AI or misinterpretation of data. FireAI’s business intelligence makes this data conversational & accessible. Providing clear insights for future decision making effectively saving crucial time and resources for businesses," said, Vinay Bansal, CEO & Co- founder, IPV.

About FireAI 

Founded by Vipul Prakash, FireAI leverages its proprietary AI engine to deliver descriptive and diagnostic analytics for enterprises. Its platform integrates with over 700 data sources and serves clients including Government e-Marketplace (GeM), supported by a 30-member team.

The company builds conversational, real-time business intelligence tools, enabling users to interact directly with data rather than navigating complex dashboards. FireAI has expanded to Dubai, Abu Dhabi, Africa, and Kenya as a certified OEM partner, collaborating with Alchemist LLP as its channel partner.

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Focused on making data accessible and actionable, FireAI claims to improve forecasting accuracy by 30% and provide real-time alerts that enhance decision-making efficiency.

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