The A.I. Daily
Nvidia backs Simplismart in $14M Series B round
Indian startup Simplismart raised a $14M all-primary Series B led by Dallas Venture Capital, with Nvidia, Accel, Shastra VC and Micromax participating, valuing it at about $100M. Its software optimizes model deployment so companies run AI with fewer GPUs and lower cost; annualized revenue grew 14-fold in six months, with the U.S. contributing over half.