FireAI attracts first institutional funding round led by Inflection Point Ventures
20 Jan 2026, 08:40 PMThe funding round saw participation from Venture Catalyst and SucSEED Indovation Fund.
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FireAI has raised Rs 6.2 crore (approximately $800,000) in its pre-seed and seed funding rounds led by Inflection Point Ventures.
The funding round saw participation from Venture Catalyst and SucSEED Indovation Fund, with the latter contributing Rs 1 crore to the round.
The Mumbai-based startup will use the fresh capital to enhance mobile decision intelligence capabilities, scale infrastructure and data security, accelerate enterprise adoption, and expand its international footprint.
The company has allocated Rs 13-16 crore for development focused on mobile AI optimization, security and scalability, UX design for leadership usage, and global go-to-market initiatives.
The startup was founded in 2024 by Vipul Prakash, who has previously been associated with startups including BharatPe, Zomato and Delhivery. FireAI says it operates as an AI analytics platform that it claims serves as India's alternative to Power BI and Tableau. The platform it says democratizes business intelligence by enabling companies to ask questions in natural language and receive real-time answers through its proprietary FireAI LLM Stack and Agentic AI ecosystem.
The company recently launched its Mobile Decision Intelligence application, which aims to reduce decision turnaround time for CXOs by 80-90% by delivering business insights directly to smartphones.
Speaking on the development, Vipul Prakash, Founder and CEO of FireAI, said, "With the new FireAI Mobile Decision Intelligence app, we aim to address this challenge, by equipping business leaders to decide based on appropriate information and absolute clarity any time, anywhere, at real-time."
The company projects revenues of Rs 9-12 crore from the Indian market and Rs 15-20 crore from international markets over the next 24-36 months.
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