FireAI raises USD500k in Seed round

0

FireAI has raised ₹4 crore (~USD$500,000) in a seed funding round led by Inflection Point Ventures. The funds will be utilized for developing products, Causal Chain, Text-to-SQL capability, proprietary ETL tool enhancing scalability, speed, and end-user experience. Additionally, funds will also be earmarked for hiring qualified tech professionals and expanding into new markets.

FireAI makes business intelligence simple, scalable, and accessible by moving away from complex dashboards and enabling users to interact with data through conversational AI tools.

FireAI has successfully grown its operations into Dubai, Abu Dhabi, Africa, and Kenya as a certified OEM vendor. It has partnered with Alchemist LLP to be the official channel partner in these regions, which helps improve its presence and distribution in the market. This is an important step in expanding globally and gaining credibility. FireAI has its own AI engine built from the ground up, which helps with descriptive and diagnostic analytics.

Vipul Prakash (pictured), Founder & CEO, FireAI says, “From India for the world, we’ve only just begun, this is just 20% of what we aim to achieve. At Fire AI, we’re building bold and meaningful innovations like Causal Chain, India’s first diagnostic analytics platform, designed not just from a technical perspective, but through the eyes of real stakeholders. Our aim is to enable businesses, truly and meaningfully. Collaboration with IPV reaffirmed our belief that business intelligence for the future depends on simplicity and accessibility. With Fire AI, we are redefining how organisations interact with data, shifting away from complex dashboards to real-time, conversational insight. Our ambition is to give each decision-maker real-time intelligence, fueling growth and innovation.”

Share.

Comments are closed.