India, Aug. 13 -- Enterprise AI startup Refold AI has raised $6.5 Mn in its seed funding, co-led by US based Eniac Ventures and Tidal Ventures. Better Capital, Ahead VC, Karman Ventures, Z21 and several angel investors also participated in the round.

Refold was founded by Jugal Anchalia and Abhishek Kumar in 2023 - five years after they sold JustDoc to online pharmacy Netmeds in 2018. Later, Netmeds was acquired by Reliance in 2020.

Refold provides an AI-driven platform to enterprises to automate API integrations. The startup claims to deploy autonomous AI agents that can learn system behaviour, write and maintain integration code, and adapt to software changes.

Refold was in stealth mode till now. In a statement, the startup said it w...