Lyzr Secures $8 Mn To Help Enterprises Build Custom AI Agents

Lyzr raised $8 Mn in its series A funding round

SUMMARY

The funding round also saw participation from Accenture, Firstsource, US-based Plug and Play Tech Center, GFT Ventures, BGV (Benhamou Global Ventures), PFNYC ( Partner Fund New York City ), among others

The startup plans on deploying the fresh capital in strengthening its product line, building a voice-based AI agent developer, along with expanding its tech team

Founded in 2023, Lyzr helps businesses build and deploy AI infrastructure to automate their workflow as per requirement. These agents are built by its builders’ platform

B2B agentic AI startup Lyzr has raised $8 Mn (around INR 70.6 Cr) in its Series A funding round led by Rocketship.vc, with participation from Accenture, Firstsource, US-based Plug and Play Tech Center, GFT Ventures, BGV (Benhamou Global Ventures), PFNYC ( Partner Fund New York City ), among others.

The startup plans on deploying the fresh capital in strengthening its product line, building a voice-based AI agent developer, along with expanding its tech team, cofounder and chief growth officer Anirudh Narayan told Inc42.

Headquartered in New Jersey, Lyzr claims to have 90% of its clientele from the US. However, the majority of its team is based in Bengaluru.

Founded in 2023 by Narayan, Siva Surendira and Jithin George, Lyzr helps businesses build and deploy AI infrastructure to automate their workflow as per requirement. These agents are built by its builders’ platform.

Users can book a demo of the platform to develop AI agents for a specific use case. The team then suggests ideas and offers a quick POC (proof of concept) to the user. Once approved, the project is passed on to the custom implementation team, which then builds the final solution for the company on their platform.

The company claims to be LLM-agnostic, which means its builder platform is compatible with every LLM. Besides the builder platform, the startup also offers pre-built agents for diverse functions including marketing, HR, customer support, sales and much more.

The startup’s clientele includes WTW (Willis Towers Watson), NVIDIA, Under Armour, Accenture, Publicis, Hitachi, and AirAsia as its customers.

On the financial front, Lyzr claims to have reached $1.5 Mn in annual recurring revenue (ARR), with 350-375 demos being scheduled every month, the cofounder claims.

The development comes at a time when startups, investors as well as more established businesses are investing heavily in AI.

Recent highlights include a significant investment of INR 855 Cr by RIL and Meta in an AI joint venture, UnifyApps securing $50 Mn in a Series B round, and GreyLabs AI raising INR 85 Cr to expand its customer care automation services.

As a result, the country’s AI market is expected to become a $17 Bn opportunity by the end of 2030.

Despite an uptick in startup funding deal volume—with over $260 Mn invested into Indian AI startups by Q3 2025— the ecosystem still exhibits caution. As per an Inc42 report survey, only 7% of over 80 investors surveyed are making AI a core focus, even as the sector’s funding growth trails other verticals and domestic mega-rounds lag global peers.

Challenges cited include longer gestation, heavy compute requirements, and the need for deep technical differentiation, leading many VCs to favour faster-scaling, more familiar plays.