Mumbai’s artificial intelligence startup, EaseMyAI, specializing in automation-as-a-service solutions, has successfully secured Rs.3 Crore in a seed funding round spearheaded by Inflection Point Ventures (IPV). The newly acquired capital is earmarked for bolstering product development, expanding the distributor network, and assembling sales and marketing teams.
Established in 2022 by a robust founding team including CEO & Co-Founder Gagan Randhawa, COO & Co-Founder Yaman Bharadwaj, CCO & Co-Founder Surendra Sancheti, and CTO & Co-Founder Jekin Dedhia, EaseMyAI has demonstrated significant growth and innovation in AI and automation, with the team leading it to notable success.
Inflection Point Ventures’ Senior Vice President, Madhukar Bhardwaj, emphasized the critical role of technology in advancing businesses globally. “EasemyAI provides a comprehensive solution enabling businesses to implement AI-centric operating systems to streamline their operations and processes,” he stated. He underscored the potential for both large and small companies to leverage the EasemyAI platform to focus on core business activities and eradicate manual tasks. Bhardwaj highlighted the scalability of their business model and IPV’s commitment to aiding them in strategic geographical expansion of their services.
EaseMyAI boasts a wide distributor network globally, extending its services to countries such as Sri Lanka, Bahrain, the UAE, the Netherlands, Singapore, and Japan. It is in the active pursuit of forming alliances in the USA, reaffirming its dedication to widening its operational base and influence.
The company’s CEO, Gagan Randhawa, commented on the evolving industry dynamics saying, “AI and IOT-based automation are pivotal in steering industry 4.0 and the development of dark warehouses.” He noted the EasemyAI platform’s capability to facilitate enterprises’ digital transformation journeys by adeptly managing AI models, IOT devices, and third-party software. Randhawa envisions the investment as a catalyst to accelerate their presence in markets beyond India, specifically focusing on the USA and the Middle East, with aspirations to achieve operational profitability in the forthcoming months.
