Hyperleap is a Hyderabad-based GenAI startup that has launched an enterprise-ready end-to-end Generative Artificial intelligence platform after raising $225k in a pre-seed funding round. The funding had the participation of various angel investors including Anil Kommineni, SVP at Zenoti. The startup will use this funding to enable the development and enhancement of this GenAI platform.
The startup has a small team that works with T-Hub’s new machine learning and Artificial intelligence technology Hub in Hyderabad. The startup delivers services at scale by using its artificial intelligence capabilities. Hyperleap AI sets to publicly release its end-to-end Generative Artificial intelligence platform. This is the first-of-a-kind product for businesses to use in artificial intelligence integration. The startup aims to use this platform with the growing demand for AI platform solutions. This platform is made to revolutionize how businesses integrate and leverage AI to become “AI-Powered”.
Image source: Hyperleap.ai
TheKredible mentioned that more than half a dozen early-stage generative AI startups have raised over $100 million in the past 6 months. Scale AI, an AI data startup that has raised a $1 billion fund in a late-stage funding round led by Accel. The startup offers data-labeling services to companies working with machine learning models. Sarvam AI raised $41 million in the series A round.
The amount raised during this round will be used to build Generative Artificial intelligence solutions for the enhanced platform, team expansion, and scaling up operations to increase the performing capability of the platform. The Generative AI market is predicted to grow more in the next few years. In the past six months, generative AI platforms have managed to secure huge funding amounts in their early stages. Sarvam AI secured $41 million in a Series A funding round led by Lightspeed followed by Ema with $25 million and Neysa secured $20 million in the Series A round. With the Generative AI market expected to grow significantly in the coming years, Hyperleap AI is well positioned to lead this trend and make the way in AI integration for businesses.
Conclusion
Hyperleap AI, a Hyderabad-based Generative AI startup, has launched an enterprise-ready, end-to-end Generative AI platform after securing $225k in a pre-seed funding round. The startup delivers services at scale by using its artificial intelligence capabilities. Hyperleap AI sets to publicly release its end-to-end Generative Artificial intelligence platform. This is the first-of-a-kind product for businesses to use in artificial intelligence integration. The startup has a small team that works with T-Hub’s new machine learning and Artificial Intelligence Technology Hub in Hyderabad. The platform, designed to revolutionize how businesses integrate and leverage AI, is positioned to meet the growing demand for AI solutions, enabling businesses to become “AI-powered.” Hyperleap AI plans to use the raised funds for platform enhancement, team expansion, and scaling operations to boost the platform’s performance capabilities. The Generative AI market is predicted to grow more in the next few years. In the past six months, generative AI platforms have managed to secure huge funding amount in their early stages.
