- Singulr AI raised $10 million in a seed round co-led by Nexus Venture Partners and Dell Technologies Capital.
- The startup’s AI governance and security platform helps reduce redundant AI costs and prevent data leaks in enterprises.
Enterprise AI startup Singulr AI has raised $10 million (around INR 87 Cr) in a seed funding round co-led by Nexus Venture Partners and Dell Technologies Capital, with participation from a group of senior executives.
The Palo Alto and Pune-based company has launched an enterprise AI governance and security platform, which organizations in the technology, finance, and healthcare sectors already use.
Founded in 2023 by Shiv Agarwal and Abhijit Sharma, Singulr AI aims to provide technology, IT, and security teams with tools that enable safe and scalable AI adoption.
Singulr AI’s platform is designed to help enterprises reduce costs associated with redundant AI applications and monitor AI usage to prevent data leaks when employees upload files or use AI-powered tools.
“Through our extensive market research, we recognised that the broad use of generative AI technology is a complex problem needing an enterprise-grade solution to scale and secure. We started Singulr – to help enterprises rapidly adopt and operationalise powerful new AI technologies while managing costs and minimizing risk,” said Shiv Agarwal, co-founder of Singulr AI.
The funding round comes amid growing investments in homegrown AI startups. Recently, TrueFoundry secured $19 million in a Series A round led by Intel Capital to enhance its platform-as-a-service offering for AI applications.
Similarly, Atomicwork raised $25 million in a Series A funding round co-led by Khosla Ventures and Z47 Partners, while conversational AI startup Gallabox obtained $3.5 million in an extended seed funding round.
The investors are prioritizing AI and GenAI sectors, with over 50% identifying them as top investment areas for 2025. India currently has over 200 GenAI startups, with 70% focused on enterprise solutions, having collectively raised over $1.2 billion since 2020.
Edited By Annette George