In addition to Accel leading the round, Shastra VC and Titan Capital also took part. The business intends to use the additional funding to accelerate expansion and extend its research and development (R&D) projects.
Founded in 2022, Simplismart provides a high-performance and affordable platform that helps businesses implement AI more easily.
The SaaS firm Simplismart, based in Bengaluru, has raised $7 million in its Series A round headed by Accel. Among others, Titan Capital and Shastra VC participated in the round.
The business intends to use the additional funding to accelerate growth and broaden its research and development (R&D) efforts.
Amritanshu Jain and Devansh Ghatak founded Simplismart in 2022 with the goal of making AI adoption easier for businesses by providing a high-performance, reasonably priced platform for implementing machine learning models.
The platform of the company is intended to tackle obstacles in the adoption of AI in enterprises, such as trade-offs between performance, and increase the feasibility of projects utilising AI.
About Simplismart
Simplismart is Cloud and Model Neutral. That use your own custom model or import open-source models from well-known web resources.
Want to go deeper into the world of startups and entrepreneurship? Check out these categories on VIESTORIES:
Startup Success Stories: Discover inspiring tales of startups overcoming challenges and achieving success.
Funding Startup News: Stay updated with the latest news and trends in startup funding and investment.
Startup Insights: Dive into in-depth analyses of various industries and market trends to make informed business decisions.
