Simplismart Bags $14 Mn To Expand AI Inference Platform
India, Oct. 27 -- AI infrastructure startup Simplismart has raised $14 Mn (around Rs.133 Cr) in a Series B funding round led by Dallas Venture Capital, with participation from NVIDIA, Accel, Shastra VC, Micromax, and angel investors.
Dallas Venture Capital invested close to $5 Mn in the round, cofounder and CEO Amritanshu Jain told Inc42.
Simplismart plans to use the fresh capital to further develop its AI inference platform, deepen partnerships with cloud providers and sovereign AI players, and expand across North America and other global markets.
AI inference is the process of running trained models to generate responses or predictions.
Founded in 2022 by Jain and Devansh Ghatak, Simplismart builds the software layer between AI mode...
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