Singulr Bags $10 Mn In Seed Funding Round

Singulr Bags $10 Mn To Offer AI Security Solutions To Enterprises

SUMMARY

Singulr raised the funds in a seed round co-led by Nexus Venture Partners and Dell Technologies Capital, along with participation from a clutch of senior executives

Founded by Shiv Agarwal and Abhijit Sharma in 2023, Singulr AI aims to equip technology and IT and security teams with tools that can help drive their AI adoption at scale and with full safety

India is home to more than 200 GenAI startups and 70% of them are offering solutions to enterprises. These startups have raised more than $1.2 Bn in funding since 2020

Enterprise AI startup Singulr

AI has bagged $10 Mn (around INR 87 Cr) in a seed funding round co-led by Nexus Venture Partners and Dell Technologies Capital, along with participation from a clutch of senior executives.

The Palo Alto and Pune-based company said in a statement that it has launched an enterprise AI governance and security platform which has already been adopted by companies operating in the technology, finance and healthcare sectors.

Founded by Shiv Agarwal and Abhijit Sharma in 2023, Singulr AI aims to equip technology and IT and security teams with tools that can help drive their AI adoption at scale and with full safety.

The startup claims that its governance and security platform help users to save cost on redundant use of AI applications in the company and track how AI systems, models and applications are being used by employees to avoid the risk of data leakages while files are uploaded or prompts are given in AI applications.

“Through our extensive market research, we recognised that the broad use of generative AI technology is a complex problem needing an enterprise-grade solution to scale and secure. We started Singulr – to help enterprises rapidly adopt and operationalise powerful new AI technologies while managing costs and minimizing risk,” said Agarwal.

The latest round of funding comes at a time when a host of homegrown AI startups have attracted investments in the past couple of weeks.

For instance, recently, platform-as-a-service startup TrueFoundry raised $19 Mn in its Series A funding round led by Intel’s investment arm, Intel Capital to accelerate its development of a universal platform, which builds and deploys AI applications with “zero infrastructure hassles”.

Also, last month, another enterprise AI platform Atomicwork raised $25 Mn in a Series A funding round co-led by Khosla Ventures and its existing investor Z47 Partners.

In the same month, Gallabox, a conversational AI platform for enterprises, also secured $3.5 in an extension of its seed funding round led by Seattle-based investor firm FUSE Partners.

Inc42’s The Pulse of Tech survey also predicted that investors will be betting high on AI and GenAI sectors. More than 50% of surveyed investors said that the sector is at the top of their investment plan in 2025.

India is home to more than 200 GenAI startups and 70% of them are offering solutions to enterprises. These startups have raised more than $1.2 Bn in funding since 2020.