Mukesh Bansal’s Nurix AI Nabs $27.8M in Seed-Fundraising Round

SUMMARY

  • Mukesh Bansal’s Nurix AI raised $27.5M in seed funding to enhance operations & technology.
  • The investment aims to expand R&D and strengthen market presence in Asia and North America.
  • Bansal envisions AI transforming enterprise work, leveraging India’s talent to build a leading AI team.

Mukesh Bansal, the creator of Cult.fit and Myntra, launched Nurix AI, which has raised $27.5 million (about ₹230 crore) in a seed fundraising round from Accel and General Catalyst.

In a statement, the business stated that the investment will be used to scale Nurix AI’s operations and broaden its technology foundation to satisfy the growing demand in Asia and North America for customized AI solutions. It will improve its R&D capacities and become more noticeable in the market, concentrating on building enduring relationships with AI hardware and product manufacturers.

Mukesh Bansal stated, “AI is at the inflection point with the promise of completely transforming how work happens in the enterprise. At Nurix, we envision a future where AI agents, guided by human expertise, handle a significant portion of tasks, driving unprecedented gains in productivity and quality. India has deep AI talent to be at the forefront of this transformation and we are super excited to build India’s leading AI team to drive this charter.”

The 2024 founded startup, Nurix AI, provides artificial intelligence technologies, such as personalized virtual assistants to increase productivity and AI agents for automated workflow, to provide business customer interaction services.