Sam Altman, CEO of OpenAI, creator of ChatGPT, and Peak XV Partners (previously Sequoia India and SEA) led a $2.3 mn seed financing round for AI startup Induced.
The funding round was also attended by Signalfire, Superscrypt, SV Angel, IDEO Colab Ventures, Human Capital, On Deck, and Untitled Ventures.
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“Induced AI built cloud-first, which means any task you automate runs in the background without affecting your computer. We’ve also taken an infrastructure-centric approach, and instead of running on a standard browser, we’ve purpose-built a browser that is designed for running automated workflows,” the company said in a blog post.
Two teenagers of Indian origin, Aryan Sharma and Ayush Pathak, founded the company earlier this year in Silicon Valley, California.
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Numerous angel investors have supported the startup, including Balaji Srinivasan, the former CTO of Coinbase, Julian Weisser, Tyler Willis, Nakul Gupta, Ankur Nandwani, Sudarshan Sridharan, Daksh Miglani, Rahul Rai, Sanat Kapur, of Dragonfly Capital, Kyler Wang, and Karan Dalal.
About Induced
Induced is a cloud-first agentic AI platform that uses an infrastructure-centric approach to make it more efficient and reliable than other agentic AI platforms.
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