AI Startup Alchemic Secures Rs 2.5 Crore in Pre-Seed Funding

Bengaluru-based AI startup Alchemic has successfully raised Rs 2.5 crore during a pre-seed funding round, which was led by AJVC, with contributions from angel investors. This new funding will be directed towards improving its AI platform, expanding engineering and commercial teams, and boosting enterprise adoption.

Founders and Innovations at Alchemic

Founded in 2025 by Sreenadh Narayanan and Maurice Dhara, Alchemic focuses on developing AI agents specifically designed for customer research. The platform automates various aspects of the customer insights process, encompassing interviews, analysis, and reporting, traditionally performed by research teams.

Capabilities of the AI Platform

According to the startup, its AI technology can conduct interviews with a multitude of customers at once, producing comprehensive reports that include video clips and customer quotes in just a few hours. The platform is offered as both a research service and an enterprise integration product.

Impressive Growth and Market Position

Alchemic has reported a remarkable five-fold revenue growth over the past six months. It operates within the AI-driven customer insights sector, where companies are leveraging artificial intelligence to streamline research and collect feedback. Notable global players in this field include Listen Labs, Outset, Conveo, and Strella.

AJVC’s Role in the Investment Landscape

AJVC, an early-stage investment firm led by Aviral Bhatnagar, continues to broaden its reach within emerging startups across India. Its investment portfolio includes companies such as Bubble Me, Finanjo, Mindcase, Care Dale, HandyPanda, Multibagg AI, Nuyug, Mithila Foods, Jaagruk Bharat, TruFides AI, Chop Finance, Gaadi Mech, and Iztri.