Nvidia participates in Simplismart's $14 million Series B funding round

Oct 27

1. 22:32

   Analytics India Magazine

   Bengaluru-based AI inference infrastructure startup Simplismart raises $14 million in funding with NVIDIA's participation

   Bengaluru-based AI inference infrastructure startup Simplismart has completed a $14 million Series B funding round, led by Dallas Venture Capital, with participation from NVIDIA, Accel, Shastra VC, and Micromax. The company says its annualized revenue run rate has grown 14-fold over the past six months, with customers including HeyGen, Higgsfield, InVideo, Shiprocket, Apna, and Ema. The funds will be used to develop its AI inference platform, expand partnerships with cloud providers and sovereign AI initiatives, and enter global markets such as North America.

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2. 19:00

   TechCrunch AI

   Nvidia invests in Indian startup Simplismart to help enterprises run AI models with fewer GPUs

   Nvidia participated in Indian startup Simplismart's $14 million Series B funding round, valuing the company at approximately $100 million; its software automatically optimizes model deployment, helping enterprises run AI models more efficiently on existing GPUs. Simplismart says it has helped AI video platform InVideo cut GPU serving costs by 56%, and its customers also include HeyGen, Higgsfield and Ema. Its annualized revenue run rate grew 14-fold over the past six months, with more than half of revenue coming from the United States.

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