AI-powered business intelligence startup FireAI raises Rs 4 crore led by Inflection Point Ventures

AI-powered business intelligence startup FireAI has raised Rs 4 crore in seed funding round led by Inflection Point Ventures, a Gurugram-based angel investment firm.

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The startup will use the funds for developing products, notable innovations like Causal Chain, Text-to-SQL capability, proprietary ETL tool enhancing scalability, speed, and end-user experience. Additionally, it will also focus on hiring qualified tech professionals and expanding into new markets.

FireAI makes business intelligence simple, scalable, and accessible by moving away from complex dashboards and enabling users to interact with data through conversational AI tools. The startup claims to have grown its operations into Dubai, Abu Dhabi, Africa, and Kenya as a certified OEM vendor.

It has partnered with Alchemist LLP to be the official channel partner in these regions, which helps improve its presence and distribution in the market. FireAI has its own AI engine built from the ground up, which helps with descriptive and diagnostic analytics.

Vinay Bansal, CEO & Co- founder, IPV, said, “AI today is transforming all facets of life. However, it has also caused an overload of data without any means to interpret it or turn it into actionable next steps. This gap often leads to underutilization of AI or misinterpretation of data. FireAI’s business intelligence makes this data conversational & accessible. Providing clear insights for future decision making effectively saving crucial time and resources for businesses.”

Vipul Prakash, Founder & CEO, FireAI, said, “From India for the world, we've only just begun, this is just 20% of what we aim to achieve. At Fire AI, we're building bold and meaningful innovations like Causal Chain, India’s first diagnostic analytics platform, designed not just from a technical perspective, but through the eyes of real stakeholders. Our aim is to enable businesses, truly and meaningfully. Collaboration with IPV reaffirmed our belief that business intelligence for the future depends on simplicity and accessibility.” 

“With Fire AI, we are redefining how organisations interact with data, shifting away from complex dashboards to real-time, conversational insight. Our ambition is to give each decision-maker real-time intelligence, fueling growth and innovation,” Prakash said.