Key Takeaways
- • Bengaluru-based upliance.ai is in talks to raise USD 3-4 million (INR 28-37 crore) in a Series A funding round, according to Inc42.
- • Existing backer Khosla Ventures is expected to participate in the round.
- • The company previously raised INR 34 crore in a seed round led by Khosla Ventures in February 2024 at a valuation of INR 143 crore (approximately $15 million).
- • Founded in 2021 by Mahek Mody, a former Ather Energy executive, and Mohit Sharma, a former Chaayos employee, the company builds generative AI-enabled smart kitchen appliances.
- • Proceeds are earmarked for R&D, user interface enhancements and international expansion.
Summary
Bengaluru-based upliance.ai is in talks to raise USD 3-4 million (INR 28-37 crore) in a Series A funding round, according to Inc42. Existing backers, including Khosla Ventures, are expected to participate in the round. The figures are reported as a range, and the report does not confirm a final close.
The company was founded in 2021 by Mahek Mody, a former Ather Energy executive, and Mohit Sharma, a former Chaayos employee. It develops smart kitchen appliances that use generative AI to convert recipes into actionable cooking instructions, enabling the hardware to carry out tasks such as chopping, stirring and temperature control. Users access recipes through a proprietary app, and a feedback loop uses user ratings and voicemails to refine future recipe instructions.
The company plans to deploy the new capital to strengthen research and development, enhance its user interface and support expansion into international markets.
Upliance.ai previously raised INR 34 crore in a seed round led by Khosla Ventures in February 2024, at a valuation of INR 143 crore (approximately $15 million).
The company was founded in 2021 by Mahek Mody, a former Ather Energy executive, and Mohit Sharma, a former Chaayos employee. It develops smart kitchen appliances that use generative AI to convert recipes into actionable cooking instructions, enabling the hardware to carry out tasks such as chopping, stirring and temperature control. Users access recipes through a proprietary app, and a feedback loop uses user ratings and voicemails to refine future recipe instructions.
The company plans to deploy the new capital to strengthen research and development, enhance its user interface and support expansion into international markets.
Upliance.ai previously raised INR 34 crore in a seed round led by Khosla Ventures in February 2024, at a valuation of INR 143 crore (approximately $15 million).
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