Simplismart Raises $14 Million — Startup Funding India, October 2026

Bengaluru-based AI infrastructure startup Simplismart has raised $14 million in a Series B round, in one of the standout deals in startup funding in India on 28 October 2026. The round was led by Dallas Venture Capital, with NVIDIA, Accel, Shastra VC and Micromax also investing.

Founded in 2022 by Amritanshu Jain and Devansh Ghatak, Simplismart helps companies run and scale AI models while keeping computing costs down. That pitch lands at exactly the right moment: as AI workloads grow, the bill for running models has become a board-level worry, and tools that squeeze more work out of fewer chips are in demand from startups and enterprises alike.

The company says its annual revenue run rate has grown 14 times in six months, and its customers include InVideo, HeyGen and Ema. The fresh capital will be used to expand in the United States and other markets, grow the team and build out the platform.

The presence of NVIDIA on the cap table is the detail founders should note. When the company that makes the chips backs the software that makes those chips cheaper to run, it signals that efficiency — not just raw model power — is where a real wedge exists in AI infrastructure right now.

For Indian AI startups, Simplismart's round is a reminder that infrastructure plays can raise serious capital from global investors, provided the product solves a cost problem customers already feel every month.