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Genovation Technological Solutions, a deeptech startup focused on building privacy-first AI systems, has raised $150,000 in a pre-seed round at a $6 million valuation. The round saw participation from six individual investors and one foreign institutional investor.
The funds will be used to accelerate product development, expand the team, scale market presence, and strengthen R&D. Genovation aims to deliver Agentic AI solutions designed for high-stakes environments such as defence, healthcare, manufacturing, and finance, helping enterprises improve decision-making and efficiency at a fraction of the global cost.
Founded in 2021 by Anurita Das, Genovation has developed Mentis, the subcontinent’s first Made-in-India, privacy-first Agentic AI platform. Unlike conventional generative AI, Mentis can operate seamlessly across cloud, on-premise, and fully offline environments, eliminating reliance on external APIs and ensuring data security.
The system interprets natural language queries, delivers citation-backed insights, and provides downloadable reports and source code for full transparency and auditability.
Genovation’s business model focuses on offering enterprise-ready AI systems at 15x lower costs compared to global players like OpenAI and Anthropic’s Claude, while ensuring complete privacy. Its lean, cost-efficient model enables accessibility for enterprises across sectors while maintaining scalability and compliance.
Competing with global AI leaders, Genovation differentiates with original IP, two pending patents, acceptance into NVIDIA’s Inception accelerator, and an India-first cost advantage.