Simplismart Raises $14M Series B Backed by NVIDIA to Cut AI Costs
Bengaluru AI infrastructure startup Simplismart has raised $14 million in a Series B led by Dallas Venture Capital, with NVIDIA and Accel joining.
Bengaluru-based AI infrastructure startup Simplismart has raised $14 million in a Series B round led by Dallas Venture Capital, with participation from NVIDIA, Accel, Shastra VC and Micromax. The round was reported on 28 October 2026.
Helping companies run AI for less
Founded in 2022 by Amritanshu Jain and Devansh Ghatak, Simplismart builds software that helps businesses deploy, run and scale AI models while lowering the computing costs involved. As companies move generative AI from pilots into production, the cost of serving models has become a major line item, and that is the problem Simplismart targets.
Its customers include video-creation platform InVideo, AI avatar company HeyGen and enterprise AI firm Ema. The company says its annual revenue run rate has grown 14 times over the past six months.
US expansion on the agenda
Simplismart plans to use the new capital to expand in the United States and other international markets, grow its team and build out its platform.
NVIDIA’s participation is notable: having the chipmaker on the cap table gives Simplismart a close link to the hardware its software runs on.
Key facts: Simplismart funding
- Amount: $14 million, Series B
- Lead investor: Dallas Venture Capital
- Other investors: NVIDIA, Accel, Shastra VC, Micromax
- Founders: Amritanshu Jain, Devansh Ghatak
- Headquarters: Bengaluru, India (founded 2022)
- Use of funds: US and global expansion, hiring, product development
India’s AI infrastructure push
The deal adds to investment in Indian startups building the tools layer of AI rather than consumer apps. With customers in the US and a model that sells cost savings, Simplismart is part of a new group of Indian companies competing for global enterprise AI budgets from day one.
Photo: Kevin Ache / Unsplash
