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SaaS startup Simplismart raises $7 Mn in series a funding
The Business Guardian
|October 21, 2024
Co-founded in 2022 by Amritanshu Jain and Devansh Ghatak, Simplismart offers an AI-based no-code machine learning platform that allows users to train custom machine learning models using their data, powering applications and decisions without writing code.
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Bengaluru-based SaaS startup Simplismart has secured $7 million in a Series A funding round led by Accel, with participation from Shastra VC, Titan Capital, and others.
Entrackr exclusively reported about the funding in July this year. As per sources, the company will be valued at around $35 million.
The proceeds will be used to expand research and development (R&D) initiatives and accelerate growth, Simplismart said in a press release.
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