Simplismart raises $14 Mn to expand AI inference platform

Indian AI infrastructure startup Simplismart has raised $14 Mn in a Series B round led by Dallas Venture Capital, with participation from Nvidia, Accel, Shastra VC and Micromax. The funds will go toward its inference platform, cloud and sovereign AI partnerships, and expansion into North America.

• The Series B round was led by Dallas Venture Capital, which invested close to $5 Mn
• Simplismart's annualised revenue run rate grew 14X over the past six months
• About 55% of its revenue comes from the US, with the rest from India
• Customers include HeyGen, Higgsfield, InVideo, Shiprocket, Apna and Ema