SaaS player Alchemyst AI raises $300-K led by IPV, others

Bengaluru-based SaaS startup Alchemyst AI has raised USD 300,000 in its pre-seed round led by Inflection Point Ventures and 100Unicorns and Early Seed Ventures. The proceeds will be used to enhance GPU (graphics processing unit) and technology infrastructure, support team development, scale operations, and drive growth.Founded in 2023 by Uttaran Nayak and Anuran Roy, Alchemyst AI helps to create intelligent functional components for mid-sized to large enterprises. The startup plans to expand across India, the US, MENA (Middle East and North Africa), and Southeast Asia.