Generative AI startup Ema Secures $25 million in a Funding Round
A Generative AI based startup Ema, has successfully raised $25 million in its initial funding round. The funding round was led by renowned investors such as Accel, Section 32, and Prosus Ventures. Other notable participants were Wipro Ventures, Venture Highway, AME Cloud Ventures, Frontier Ventures, Maum Group, and Firebolt Ventures.
Further, high-profile individuals like Sheryl Sandberg COO of Meta, Jerry Yang, co-founder of Yahoo, and Sridhar Ramaswamy, CEO of Snowflake also joined the funding round.The company has planned to use this freshly rasised capital for research and development, and also in enhancing its existing product offerings.
Ema was founded in 2023 by Surojit Chatterjee, Souvik Sen, and Swati Trehan, aiming to automate enterprise processes and workflows through its AI solutions. These solutions seamlessly collaborate with with popular productivity tools such as Zendesk, OneDrive, Google Drive, Teams, Slack, and more.
Ema has highly adaptable AI capabilities and it caters to various industries including healthcare, retail, travel, hospitality, finance, manufacturing, e-commerce, and technology. The company utilizes a combination of large public language models like GPT 4, GPT-3.5-turbo, Claude 2.1, Gemini, Mistral-S, Llama2, and smaller in-house language models to ensure accuracy.
The CEO of Ema, Surojit Chatterjee stated, “We have seen that there is excitement amongst our customers as they can easily create newer applications and personas with Ema to address their business needs within hours. While building a gen AI application businesses have to do the heavy lifting around data orchestration, data protection, model selection and training the model, which enterprise solutions like Ema can help avoid and remove months’ worth of effort.”
Currently, Ema has a workforce of 30 employees spread across India and the United States. This funding round positions Ema as the second-highest funded early-stage startup in this field, with its base of operations located in India. In a similar vein, Sarvam AI, another generative AI startup, raised $41 million in a Series A round in December 2023, led by Lightspeed, Peak XV Partners, and Khosla Ventures.
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Further, high-profile individuals like Sheryl Sandberg COO of Meta, Jerry Yang, co-founder of Yahoo, and Sridhar Ramaswamy, CEO of Snowflake also joined the funding round.The company has planned to use this freshly rasised capital for research and development, and also in enhancing its existing product offerings.
Ema was founded in 2023 by Surojit Chatterjee, Souvik Sen, and Swati Trehan, aiming to automate enterprise processes and workflows through its AI solutions. These solutions seamlessly collaborate with with popular productivity tools such as Zendesk, OneDrive, Google Drive, Teams, Slack, and more.
Ema has highly adaptable AI capabilities and it caters to various industries including healthcare, retail, travel, hospitality, finance, manufacturing, e-commerce, and technology. The company utilizes a combination of large public language models like GPT 4, GPT-3.5-turbo, Claude 2.1, Gemini, Mistral-S, Llama2, and smaller in-house language models to ensure accuracy.
The CEO of Ema, Surojit Chatterjee stated, “We have seen that there is excitement amongst our customers as they can easily create newer applications and personas with Ema to address their business needs within hours. While building a gen AI application businesses have to do the heavy lifting around data orchestration, data protection, model selection and training the model, which enterprise solutions like Ema can help avoid and remove months’ worth of effort.”
Currently, Ema has a workforce of 30 employees spread across India and the United States. This funding round positions Ema as the second-highest funded early-stage startup in this field, with its base of operations located in India. In a similar vein, Sarvam AI, another generative AI startup, raised $41 million in a Series A round in December 2023, led by Lightspeed, Peak XV Partners, and Khosla Ventures.
