AI-powered startup FireAI has successfully secured ₹4 crore in seed funding, primarily led by Inflection Point Ventures. This funding will enhance product development, including innovations like Causal Chain, Text-to-SQL capabilities, and a proprietary ETL tool that improves scalability and user experience. FireAI simplifies business intelligence by replacing complex dashboards with conversational AI tools, enabling broad access to data insights. With operations expanding into Dubai, Abu Dhabi, Africa, and Kenya, FireAI collaborates with Alchemist LLP to solidify its market presence. The company’s AI engine enhances descriptive and diagnostic analytics, allowing for real-time, actionable insights that save time and resources. The data analytics market is projected to grow significantly, from $74 billion in 2024 to $482 billion by 2033 globally, and from $2.6 billion to $27 billion in India. FireAI is positioning itself as a critical player in this booming market, promoting accessibility and innovation in data analytics.
Source link
