NeuralKart bags seed funding led by Inflection Point Ventures
23 Jul 2026, 12:24 PMThe startup will use the fresh capital for product development, AI and machine learning engineering, customer acquisition, go-to-market expansion, and working capital requirements.
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AI insurtech startup NeuralKart has raised Rs 2.35 crore in a seed funding round led by Inflection Point Ventures (IPV).
The Bengaluru-based startup will use the fresh capital for product development, AI and machine learning engineering, customer acquisition, go-to-market expansion, and working capital requirements.
Founded in 2024 by Manoj Raju, Shreyas R. Halageri and Vidvath Kamireddy, NeuralKart develops AI-powered platforms for insurance operations and industrial safety. All the three founders have previously been associated with California-based Foundation AI, a claims and injury litigation firm, as per their LinkedIn profiles. Raju and Halageri have also earlier worked at healthtech startup Practo.
The startup's insurance platform, InsureMind, automates underwriting, claims processing, renewals and audits by analysing policy documents.
Its industrial safety platform, FieldSense, uses computer vision along with drone, CCTV, IP camera and sensor data to identify workplace risks and generate risk assessments. NeuralKart says it has onboarded paying enterprise customers and maintained a 100% customer retention rate since inception.
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