Nvidia invests in Indian startup Simplismart to enhance AI model efficiency

Oct 27, 2026

AI Summary

Nvidia has invested $14 million in Indian startup Simplismart, which develops software to optimize AI model performance and reduce GPU usage. The funding values Simplismart at approximately $100 million and aims to help companies manage AI workloads more efficiently amid rising demand for AI applications.

Nvidia participated in a $14 million Series B funding round for Simplismart, alongside other investors such as Accel and Dallas Venture Capital.
Simplismart's software automates the deployment and management of AI models, allowing companies to run them more efficiently on existing infrastructure.
The startup claims to have helped clients like InVideo reduce GPU serving costs by 56% and is also working with other AI companies and cloud providers.
Simplismart's annual revenue run rate has increased 14-fold in six months, with over half of its revenue coming from the U.S.
The funding will be used to expand Simplismart's U.S. presence, grow its team, and further develop its software.
Simplismart competes in a crowded market for AI inference software, including offerings from major cloud providers and Nvidia itself.
The startup was founded in 2022 by Amritanshu Jain and Devansh Ghatak, both of whom have backgrounds in engineering and machine learning.

nvidiastartupai modelsgpurevenue growth

Nvidia invests in Indian startup Simplismart to enhance AI model efficiency

Related Stories

Anthropic's S-1 Filing Highlights Contradictions in AI Industry Amid Upcoming IPO

Anthropic Maintains Strong Ties with Major Tech Firms

Anthropic outlines risks in IPO prospectus amid AI industry challenges

Investors May Overlook Anthropic's $81 Billion Financial Challenge