Navikenz, an enterprise AI and data transformation startup, on Tuesday raised $7.5 million in a seed equity funding round to expand its workforce and deepen investments in AI frameworks. The round was led by Sekar PRC, former CEO of Hexaware, and Sudip Nandy, former CEO of Aricent, along with Navikenz Founders, Anjan Lahiri and Samit Deb. The startup plans to use the fresh capital to scale business outreach and hire talent across key markets, including the US, UK, Europe, and India.“We have strong market fit, rising demand from large enterprises, and a world-class team. This funding helps us serve our customers better and allows us to continue investing in our people, deepen investments in AI frameworks and accelerators, scale business outreach and hire talent across key markets,” said Lahiri, Founder and CEO of Navikenz. He added, “Our focus is on reimagining core business workflows, bringing transformative productivity improvements to enterprises through AI.”The latest injection of capital brings the startup’s total funding to $11.6 million. The New Jersey-based firm, founded in October 2021, previously raised $4 million in an earlier seed tranche in April 2022. Navikenz focuses on delivering efficiency gains through Agentic AI and GenAI-driven solutions. The startup said its… Read MoreYourStory RSS Feed
