Simplismart CEO Says U.S. Accounts for About 55% of Revenue as Nvidia Joins Funding Round
Photo: TokenPost
A $14 million Series B for Indian AI startup Simplismart will support development of its model-serving software and expansion in North America, with Nvidia among the investors. Simplismart announced the round Tuesday, Oct. 27. Dallas Venture Capital led it, while Nvidia, Accel, Shastra VC and Micromax also participated. The company said its annualized revenue run rate grew 14-fold over the six months through the announcement. It did not disclose a dollar amount for the run rate. CEO Amritanshu Jain estimated that about 55% of revenue came from the U.S., even though Simplismart has more customers in India.
Source: TokenPost
