Business intelligence startup FireAl has raised ₹4 crore in seed funding led by Inflection Point Ventures (IPV), it said on Thursday.
“Al today is transforming all facets of life. However, it has also caused an overload of data without any means to interpret it or turn it into actionable next steps. This gap often leads to underutilization of Al or misinterpretation of data. FireAl’s business intelligence makes this data conversational & accessible,” said Vinay Bansal, CEO & Co-founder at IPV.
Founded by Vipul Prakash, FireAI makes business intelligence accessible with a conversational AI layer on top of complex data.
The Mumbai-based startup asts are 30 per cent more accurate and that their platform can integrate with more than 700 sources of data.
“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,” said Prakash.
The artificial intelligence landscape is heating up in India and globally, as companies and investors race to claim their share of a market that has grown far beyond generative Al to encompass a wide range of use cases.
