Nvidia backs Bengaluru AI startup Simplismart in $14 million Series B round

Share:
Audio Loading voice…
Nvidia backs Bengaluru AI startup Simplismart in $14 million Series B round

Synopsis

Nvidia has placed a direct bet on a Bengaluru-born AI infrastructure startup — a relatively rare move for the chipmaker. Simplismart's $14 million Series B, led by Dallas Venture Capital, values the company at $100 million and comes on the back of a 14-fold revenue surge in six months, with over half that revenue flowing from the US. It is a signal that the inference optimisation layer — not just chips or models — is becoming a serious battleground in enterprise AI.

Key Takeaways

Nvidia has invested in Bengaluru -based Simplismart as part of a $14 million Series B funding round.
The round was led by Dallas Venture Capital , with Accel , Shastra VC , and Micromax also participating.
The deal values Simplismart at approximately $100 million , including the fresh capital.
The startup was founded in 2022 by former Oracle engineer Amritanshu Jain and former Google engineer Devansh Ghatak .
Simplismart's annualised revenue run rate has grown 14-fold in the past six months ; more than half of revenue comes from the United States .
The company claims it helped InVideo cut GPU serving costs by 56% ; clients also include HeyGen , Higgsfield , Ema , and Yotta .

Nvidia, the world's dominant AI chip maker, has invested in Bengaluru-based startup Simplismart as part of a $14 million Series B funding round, backing software that helps enterprises deploy and run AI models more efficiently while cutting infrastructure costs. The round values the four-year-old company at approximately $100 million, including the fresh capital, according to reports.

Round Details and Investors

The funding round was led by Dallas Venture Capital, with participation from Accel, Shastra VC, and Micromax. Nvidia's involvement is notable — the chipmaker rarely backs software-layer startups directly, making this a signal of strategic interest rather than a purely financial bet.

What Simplismart Does

Founded in 2022 by former Oracle engineer Amritanshu Jain and former Google engineer Devansh Ghatak, Simplismart develops an inference optimisation platform that sits between AI models and the underlying computing infrastructure. The software automatically adjusts deployment settings based on customer requirements, balancing response speed, throughput, and GPU utilisation — without demanding significant additional hardware investment from enterprises.

According to Amritanshu Jain, businesses are not simply chasing the fastest or cheapest AI inference; they need systems calibrated to their specific performance and cost profiles. Simplismart claims to deliver that balance through tools covering model fine-tuning, automatic compute scaling, and performance monitoring, deployable either on its own platform or within existing cloud and on-premises environments.

Customer Wins and Revenue Growth

The startup claims its software helped AI video-generation platform InVideo reduce GPU serving costs by 56%. Its client roster also includes AI video firms HeyGen and Higgsfield, enterprise AI startup Ema, and Indian cloud provider Yotta, which uses Simplismart's technology to power the serverless AI inference service on its Shakti Studio platform.

Simplismart says its annualised revenue run rate has grown 14-fold over the past six months, driven by rising customer usage. Notably, more than half of its revenue currently originates from the United States, even as its customer count remains larger in India — a split that reflects the higher average contract values typical in US enterprise deals.

Why This Matters for Indian AI

The investment arrives as organisations worldwide are scaling up spending on graphics processing units (GPUs) to power AI workloads, while simultaneously pressing for tools that improve efficiency and lower operating costs. India's AI infrastructure layer — long overshadowed by application-level startups — is increasingly attracting global capital, with Simplismart's round underscoring a maturing of the domestic deep-tech ecosystem. This is among the larger Series B raises for an Indian AI infrastructure company in 2026, and Nvidia's direct participation adds a validation layer that goes beyond the cheque size.

With fresh capital in hand, Simplismart is expected to accelerate product development and expand its US go-to-market presence, where revenue momentum is already strongest.

Point of View

The more interesting signal is the revenue geography: a Bengaluru-founded company generating the majority of its revenue in the US within four years suggests the inference optimisation market is genuinely global, not a domestic services story. The 14-fold revenue growth figure is striking, but the base effect matters — investors and observers should watch whether that trajectory holds as the company scales its US sales motion from a small foundation.
NationPress
29 Oct 2026

Frequently Asked Questions

What is Simplismart and what does it do?
Simplismart is a Bengaluru-based AI infrastructure startup founded in 2022 that develops software to optimise the deployment and operation of AI models. Its platform sits between AI models and computing infrastructure, automatically tuning settings to balance speed, throughput, and GPU cost for enterprise clients.
Why did Nvidia invest in Simplismart?
Nvidia participated in Simplismart's $14 million Series B as a strategic bet on software that maximises the efficiency of GPU-based AI deployments. The investment reflects Nvidia's interest in the inference optimisation layer, where tools that extract more performance from existing hardware are gaining enterprise traction.
How much is Simplismart valued at after the Series B?
The Series B round values Simplismart at approximately $100 million, including the fresh $14 million capital raised. The round was led by Dallas Venture Capital with participation from Accel, Shastra VC, and Micromax.
Who founded Simplismart and when?
Simplismart was founded in 2022 by Amritanshu Jain, a former Oracle engineer, and Devansh Ghatak, a former Google engineer. The company is headquartered in Bengaluru, India.
What is Simplismart's revenue performance?
Simplismart says its annualised revenue run rate has grown 14-fold over the past six months, driven by rising customer usage. More than half of its revenue currently comes from the United States, despite the company having a larger customer base in India.
Nation Press
The Trail

Connected Dots

Tracing the thread behind this story — newest first.

8 Dots
  1. Latest 2 months ago
  2. 3 months ago
  3. 4 months ago
  4. 4 months ago
  5. 4 months ago
  6. 5 months ago
  7. 5 months ago
  8. 11 months ago
Google Prefer NP
On Google