Mumbai-based AI Startup EaseMyAI Raises Rs3cr In Seed Round led By IPV
The funds will be utilised for product development, recruiting a sales and marketing team, and expanding our distributor network.In March 2023, EaseMyAI raised around Rs 1.8 crore in a seed funding round from Inflection Point Ventures
Artificial Intelligence and automation-as-a-service platform EaseMyAI raised Rs 3 Crore in a Seed Round led by Inflection Point Ventures. The funds will be utilised for product development, recruiting a sales and marketing team, and expanding our distributor network.
Founded in 2022 by Gagan Randhawa (CEO & Co Founder), Yaman Bharadwaj (COO & Co founder), Surendra Sancheti (CCO & Co Founder) and Jekin Dedhia (CTO & Co Founder), together, they form a strong and dedicated founding team that has propelled EaseMyAI to success, driving its growth and innovation in the field of AI and automation.
Madhukar Bhardwaj, Senior Vice President, Inflection Point Ventures, says, “As the technology advances across the globe, it's imperative for the businesses to use technology to its favor and make the most of it. EasemyAI’s end-to-end solution allows businesses to deploy AI based operating systems to automate their operations and processes. This creates a huge growth opportunity for the large and small companies to focus on the core business and eliminate the manual work with the EasemyAI platform. Their Business Model is highly scalable and IPV will support them to expand their services geographically with a strategic approach.”
EaseMyAI operates on a global scale with a distributor network spanning several countries including Sri Lanka, Bahrain, UAE, Netherlands, Singapore, and Japan. Furthermore, the company is actively planning to establish collaborations in the USA market, demonstrating its commitment to expanding its reach and impact.
Gagan Randhawa, CEO, EaseMyAI, says, “AI and IOT based automation will drive the industry 4.0 and dark warehouses. EasemyAI automation platform smoothens the digital transformation journey of enterprise where the platform is capable of handling AI models, IOT devices and 3rd party software’s. This investment will help us to scale up in markets other than India especially the USA and Middle east market and turn operationally profitable within the coming months”.