FireAI raises early-stage funding from IPV, VCats, and SucSEED Indovation

AI analytics platform FireAI has closed investments for its first two rounds—pre-seed and seed. The startup has also launched a mobile decision intelligence app.

The company raised a total of Rs 6.2 crore (about $800K) from several venture capital firms, including Inflection Point Ventures, Venture Catalyst, and SucSEED Indovation Fund. Notably, SucSEED Indovation Fund invested Rs 1 crore as part of the round.

The proceeds will be used to enhance mobile decision intelligence capabilities, scale infrastructure and data security, accelerate enterprise adoption, and expand international footprints, FireAI said in a press release.

Launched in 2024 by Vipul Prakash, FireAI aims to empower businesses through data by providing actionable insights for decision-making. The company’s proprietary FireAI LLM Stack and agentic AI ecosystem help businesses ask questions in natural language and receive answers in real time. The platform enables businesses to self-serve while supporting them with an Analyst-as-a-Service offering for deeper strategy.

According to the Mumbai-based startup, it has launched a mobile decision intelligence application—a category-defining innovation designed to deliver instant, decision-ready insights. The app is available for download on Android devices via the Google Play Store and will be released on iOS shortly. International versions of the app are also in development.

FireAI said users will be able to ask questions about their business information in any language, receive immediate AI-powered feedback, and view key KPIs on their mobile devices.

The company projects revenues of Rs 9–12 crore from Indian customers and Rs 15–20 crore from international markets over the next two to three years. FireAI claims its app can reduce decision turnaround time for CXOs by up to 80–90% by delivering business insights directly to smartphones and increasing leadership engagement with real-time data.