AI Startup Aivar Raises $4.6 Mn To Fuel International Expansion

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SUMMARY

Aivar has raised $4.6 Mn (INR 41.3 Cr) in a seed funding round led by Sorin Investments, with participation from Bessemer Venture Partners

Aivar said the fresh funding will also go towards strengthening its delivery capabilities and building reusable AI components. The startup is positioning itself as an alternative to traditional IT services firms, which are still adapting to such models

Aivar claims to be working with more than 80 customers. It operates as an end-to-end AI…



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AI Startup Aivar Raises $4.6 Mn To Fuel International Expansion


SUMMARY

Aivar has raised $4.6 Mn (INR 41.3 Cr) in a seed funding round led by Sorin Investments, with participation from Bessemer Venture Partners

Aivar said the fresh funding will also go towards strengthening its delivery capabilities and building reusable AI components. The startup is positioning itself as an alternative to traditional IT services firms, which are still adapting to such models

Aivar claims to be working with more than 80 customers. It operates as an end-to-end AI…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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