Bengaluru AI Startup Simplismart Raises $14 Mn in NVIDIA-Backed Round

Bengaluru-based AI inference infrastructure startup Simplismart has raised $14 million in a Series B funding round led by Dallas Venture Capital, with participation from NVIDIA, Accel, Shastra VC and Micromax. The company will use the funds to develop its AI inference platform, expand partnerships with cloud providers and sovereign AI players, and grow its presence in North America and other global markets. Simplismart said its annualised revenue run rate grew 14 times over the past six months.