Angel Investments

AI-systems builder Genovation Solutions raises $150-K

Rediff.com   Entrackr  

Kolkata-based Genovation Technological Solutions , focused on building privacy-first AI systems, has raised USD 150,000 in a pre-seed round at a USD 6 million valuation. The round saw participation from six individual investors and one foreign institutional investor.Founded in 2021 by Anurita Das, Genovation has developed Mentis, a privacy-first agentic AI platform that can operate across cloud, on-premise, and offline environments, eliminating reliance on external APIs and ensuring data security.The new funds will be used to accelerate product development, expand the team, scale market presence, and strengthen R&D. Genovation aims to deliver solutions to defence, healthcare, manufacturing, and finance sectors.

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