NimbleBox.ai, a Techstars portfolio company aiming to build and provide a complete toolkit for developers focused on artificial intelligence, on Tuesday raised $1 million in its seed round led by Venture Catalysts. The round also saw participation from The Chennai Angels, Nanavati Family, and Astarc Ventures.
Founded by Anshuman Pandey, Rohan Pooniwala, and Naman Maheshwari in 2018, the Chennai-based startup’s platform-as-a-service (PaaS) offering helps data scientists and machine learning practitioners around the world discover, create, and launch multi-cloud applications on an intuitive browser-based platform.
The full-stack MLOps platform is purpose-built for large datasets and supports all major machine learning frameworks, enabling developers to train and deploy at scale while maintaining accuracy, claims the startup.
The platform is currently catering to over 10,000+ developers in 30+ countries, as well as leading enterprises such as Intel, UpGrad, Holberton School, and Tata Consultancy Services across the globe.
“The investment pitch ofdemonstrated the massive business opportunity which needed to be addressed by building a cutting-edge tech product in the AI space,” said Amit Nanavati, lead investor at Venture Catalysts. “This, coupled with the clarity of vision, capability, and passion of the founding team, made our decision to invest a no-brainer.”