Hyderabad-based new-age Generative AI (GenAI) startup Hyperleap AI has launched an enterprise-ready end-to-end Generative AI platform after raising $225K in pre-seed funding.
The funding over two rounds was led by various angel investors, including Anil Kommineni, currently SVP at Zenoti.
The proceeds will be used to enable the development and refinement of Hyperleap’s enterprise-ready Generative AI platform.
Hyperleap AI operates with a small team based at T-Hub’s new machine learning and artificial intelligence technology hub (MATH) in Hyderabad, delivering services at scale by using its AI capabilities themselves.
The startup is now publicly releasing its end-to-end Generative AI platform in May 2024, making it first of a kind product for AI integration by businesses.
As per data compiled by startup data intelligence platform TheKredible, more than half a dozen early-stage generative AI startups have raised nearly $100 million in funding in the past six months, Sarvam AI leads the pack with $41 million in Series A followed by Ema and Neysa which raised $25 million and $20 million in their seed round respectively.
