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Integrated incubator and accelerator platform, Venture Catalysts participated in a USD 1 million seed funding round for Llumo AI, a company working in large language model (LLM) deployment and optimisation.
The funding round was led by Rahul Agrawalla, General Partner at Sense AI, with participation from India Quotient, Aum Ventures, Venture Catalysts, Indian Institute of Management Indore Alumni Angel fund, and a host of US-based angel investors.
The seed funding will enable Llumo AI to further develop its technology, expand its team of AI experts, and accelerate its go-to-market strategy, as per the press release. This will enable the company to further its mission of transforming the entire LLM production workflow into a powerful, value-driven engine for business success.
Apoorva Ranjan Sharma, Co-Founder, Managing Director, Venture Catalysts, commented on the investment, “Llumo AI represents the future of AI optimisation. Their innovative approach to reducing LLM costs and improving performance aligns perfectly with the growing demand for efficient AI solutions in the enterprise space. We believe their platform has the potential to transform the USD 11.3 billion market for AI optimisation tools. This investment underscores our commitment to supporting groundbreaking technologies that have the power to revolutionize industries and create new opportunities for businesses worldwide.”
Founded by Shivam Gupta, an Indian Institute of technology (IIT) Roorkee alumnus, and Akshat Anand, an IIT Kanpur alumnus, Llumo AI said that it is designed to deliver measurable, production-ready benefits to AI companies. By cutting LLM costs by 80 per cent, reducing time-to-market by 90 per cent, and minimising prompt engineering hours—valued at USD 150,000 annually per person—Llumo AI is doing more than just saving money. The platform helps businesses refine their AI performance at 10 times the speed, enabling them to consistently deliver high-quality, AI-driven customer experiences. This results in enhanced revenue streams and greater profitability for Llumo AI's clients.
Expressing his vision for the company, Shivam Gupta, Founder of Llumo AI, said, “We founded Llumo AI with a clear mission: to democratize access to generative AI and help businesses unlock its true potential. Our platform not only addresses the critical challenges of cost and performance but also empowers our customers to make data-driven decisions that accelerate growth and transform customer experiences. With this funding, we are one step closer to realizing our vision of making generative AI accessible, affordable, and impactful for businesses worldwide.”
