Zivy Pockets Funding To Simplify Workplace Tasks Via AI Solutions

SUMMARY

The startup has secured $1.2 Mn (INR 10 Cr) in a Pre-Seed funding round led by Blume Ventures

It plans to invest in product development and expand its R&D team

Founded in 2023, Zivy is an AI tool for prioritising workplace messages and tasks, designed to help managers and leads stay organised and manage their work more effectively

AI-driven tech startup Zivy has secured $1.2 Mn (INR 10 Cr) in a Pre-Seed funding round led by Blume Ventures, along with participation from Paradigm Shift Capital, iSeed, Everywhere Ventures, Indian Silicon Valley and Marsshot Ventures.

The round also saw participation from a host of angel investors, including Ashwin Bhatnagar and Anand Balaji from Xflow, Harshil Mathur and Shashank Kumar from Razorpay and Kunal Shah.

The tech startup plans to invest in product development and expand its R&D team.

Founded in 2023, Zivy is an AI tool for prioritising workplace messages and tasks, designed to help managers and leads stay organised and manage their work more effectively.

By eliminating the constant barrage of notifications, which can drain productivity, Zivy focuses on making managers more productive as a way to build high-performing teams. Its initial release integrates directly with Slack, analysing conversations and tasks to ensure that only the most urgent and relevant information is prioritised, helping managers stay focused and efficient.

“We started Zivy with the belief that the key to building high-performing teams lies in making managers more productive,” said Prashanth YV, cofounder of Zivy.

“We are delighted by the valuable trust that investors have put in our vision. We look forward to building a new way of working for today’s workplaces where people can do their best work without having to burn themselves out,” added Vivek Karna, cofounder of Zivy.

India’s Generative AI (GenAI) sector has seen significant growth recently, with the emergence of India’s first AI unicorn, Krutrim. The country now boasts over 100 GenAI startups, which have collectively raised more than $600 Mn since 2019.

Notable players in this field include SarvamAI and Krutrim, focusing on Indic language models, and ObserveAI, which has secured $214 Mn to enhance customer and operational support through AI.

According to Inc42, India’s GenAI market is expected to experience substantial growth, with projections indicating it will surpass $17 Bn by 2030.