AI startup Simplismart raises $14M from Dallas Venture Capital, Nvidia, and others
Simplismart, an India-founded AI inference platform company, secured $14M in Series B funding led by Dallas Venture Capital, with participation from NVIDIA, Accel, Shastra VC and Micromax. The platform provides a modular inference engine allowing businesses to configure AI models for speed, cost and performance, plus orchestration capabilities for cloud and on-premises deployment. Co-founder Amritanshu Jain noted the company has spent four years developing its software layer. Annualised revenue has grown 14-fold in six months, with customers including HeyGen, InVideo, Shiprocket and Apna.
Key points
- Raised $14M Series B led by Dallas Venture Capital; backed by NVIDIA, Accel
- Modular inference engine optimises AI workload deployment and scaling
- Revenue run rate grew 14-fold in past six months
- Serves video, voice, multimodal and enterprise AI applications
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