Nurix AI raised $27.5 M funding from Accel, General Catalyst, Meraki Labs
$27.5 million in funding led by General Catalyst and Accel, with participation from Meraki Labs, has been secured for Mukesh Bansal’s Nurix AI.
The seed and series A rounds of funding are combined. Seed funding totaled $12.5 million for the startup, with series A financing providing the remaining funds.
According to a press release from the company, the investment will go toward growing Nurix’s technological foundation and growing its business in Asia and North America. This entails strengthening its R&D capacities with an emphasis on cultivating enduring alliances with AI hardware and product firms.
Founded in 2024 by Bansal, Nurix AI offers tailored AI-native services that integrate with current enterprise workflows, assisting businesses in deploying AI agents in a dependable, pragmatic manner that meets their operational requirements. The company claims that its products are made to help businesses all over the world increase customer satisfaction, boost profitability, and improve productivity.
The $300 billion business process outsourcing (BPO) market is the subject of Nurix’s debut product. This product enables more individualized and scalable customer interactions while maintaining reliability by fusing the benefits of artificial intelligence (AI) with human oversight.
One of the rare serial entrepreneurs who has successfully led several businesses and raised millions of dollars from well-known investors is Mukesh Bansal. He became the head of commerce and advertising at the Walmart-owned company in 2017 after selling Myntra to Flipkart. He also co-founded Cult.fit, which later became a unicorn under Tata Digital.
Bansal became president of Cult.fit after Tata Digital made its initial $75 million investment in the company in June 2021. In January of last year, he reportedly left Tata Digital’s super app, Neu, to focus on other projects, according to an ET report.
In addition, Bansal and Mohit Gupta, the co-founder of Zomato, co-founded a startup called Lyskraft. Additionally, the company has raised $26 million from investors, including Prosus and Peak XV Partners.
