In a pre-seed investment round headed by AJVC and involving angel investors, Bengaluru-based AI firm Alchemic has raised Rs 2.5 crore.
Its AI platform will be improved, its technical and commercial teams will grow, and enterprise usage will surge with the new funding.
Sreenadh Narayanan and Maurice Dhara founded Alchemic in 2025 to create AI bots for consumer research. Its technology automates the customer-insights process, which includes reporting, analysis, and interviews—tasks that are typically performed by research teams.
The company claims that its AI can interview hundreds of clients at once and produce reports supported by customer quotations and video footage in a matter of hours. The platform is offered as an enterprise integration product as well as a research service.
According to the corporation, in the last six months, its revenue has increased fivefold. The startup works in the AI-driven consumer insights market, where businesses use AI to automate research and feedback gathering. Listen Labs, Outset, Conveo, and Strella are some of the major participants in the market.
AJVC, an early-stage investment business headed by Aviral Bhatnagar, is still growing its presence among India’s up-and-coming startups. Bubble Me, Finanjo, Mindcase, Care Dale, HandyPanda, Multibagg AI, Nuyug, Mithila Foods, Jaagruk Bharat, TruFides AI, Chop Finance, Gaadi Mech, and Iztri are just a few of the businesses in its portfolio.
