Bengaluru-based AI startup Alchemic has raised Rs 2.5 crore in a pre-seed funding round led by AJVC, with participation from angel investors.
The fresh capital will be used to enhance its AI platform, expand its engineering and commercial teams, and increase enterprise adoption.
Founded in 2025 by Sreenadh Narayanan and Maurice Dhara, Alchemic develops AI agents for customer research. Its platform automates the customer-insights process, covering interviews, analysis and reporting, tasks that are traditionally handled by research teams.
According to the company, its AI can conduct interviews with hundreds of customers simultaneously and generate reports backed by video clips and customer quotes within hours. The platform is available as both a research service and an enterprise integration product.
The company claims that its revenue has grown fivefold over the past six months. The startup operates in the AI-driven customer insights segment, where companies are using artificial intelligence to automate research and feedback collection. Global players in the space include Listen Labs, Outset, Conveo and Strella.
AJVC, an early-stage investment firm led by Aviral Bhatnagar, continues to expand its footprint across emerging startups in India. Its portfolio spans companies such as Bubble Me, Finanjo, Mindcase, Care Dale, HandyPanda, Multibagg AI, Nuyug, Mithila Foods, Jaagruk Bharat, TruFides AI, Chop Finance, Gaadi Mech, and Iztri.
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