India, Oct. 29 -- Two BITS Pilani alumni who went door to door across Northern California to understand the challenges faced by small businesses have raised $52 million for their artificial intelligence startup, Broccoli AI.

(Also read: BITS Pilani alum's wake-up call for techies in Bengaluru: 'Fix your health and family')

According to a report by Fortune, AJ Jain, 27, and Aditya Ketkar secured $22 million in Series A funding and another $30 million in Series B funding, just nine months apart. Both rounds were led by Khosla Ventures, with participation from Y Combinator and Operator Partners.

The startup is reportedly valued at $300 million, although the company declined to comment on its valuation.

Jain and Ketkar met at BITS Pilani ...