Funding · Enterprise Software & IT

Alchemic raises ₹2.5 crore pre-seed round

What they do

Alchemic is an AI-powered customer research platform that automates interviews, analysis, and reporting

It raised ₹2.5 crore (about $290,000) in a pre-seed round led by early-stage VC firm AJVC

The platform can interview hundreds of customers simultaneously and generate reports within hours

Alchemic raised ₹2.5 crore (about $290,000) in a pre-seed round.
The round was led by AJVC, an early-stage venture capital firm headed by Aviral Bhatnagar.
A group of angel investors also participated in the round.
The company was founded in 2025 by Sreenadh Narayanan and Maurice Dhara.
Alchemic is an AI-powered customer research platform that uses AI agents to automate interviews, analysis, and reporting.
The platform can interview hundreds of customers simultaneously and generate reports within hours.
Reports include video clips, direct customer quotes, and structured insights.
Alchemic offers two delivery models: a managed research service and an enterprise integration product.

The AI market research industry is growing rapidly, with businesses across tech, retail, financial services, healthcare, and consumer goods adopting AI for customer insights.
Alchemic's revenue grew fivefold over the past six months, indicating strong product-market fit.
The company competes with other AI research platforms like Listen Labs, Outset, Conveo, and Strella.

Alchemic is an AI-powered customer research platform that automates the entire research process.
Its AI agents conduct automated interviews with customers, analyze responses, and generate reports.
The platform can interview hundreds of customers simultaneously, drastically reducing research time.
Reports include video clips, direct customer quotes, and structured insights for easy understanding.
Alchemic offers two delivery models: a managed research service and an enterprise integration product.
The company's revenue grew fivefold over the past six months.

Alchemic will use the funds to accelerate product development.
It will expand its engineering and commercial teams.
The company aims to strengthen its market presence and increase enterprise adoption.

AJVC (lead) — Early-stage venture capital firm headed by Aviral Bhatnagar. Portfolio includes Bubble Me, Finanjo, Mindcase, Care Dale, HandyPanda, Multibagg AI, Nuyug, Mithila Foods, Jaagruk Bharat, TruFides AI, Chop Finance, Gaadi Mech, Iztri.
group of angel investors (participated)