Shutdown · Healthcare & Life Sciences

JiviAI shuts down after less than two years

By Startup Enthusiast · 26 June 2026

What they do

JiviAI built proprietary AI models for medical assistance and healthcare services

The startup shut down due to rising infrastructure costs, funding challenges, and failed acquisition talks

It raised undisclosed funding in late 2024 but investors did not participate in a planned round

JiviAI shut down operations less than two years after entering the generative AI healthcare space.
Founder Ankur Jain, former BharatPe Chief Product Officer, informed employees and asked them to leave.
The shutdown was caused by rising infrastructure costs, funding challenges, and failed acquisition discussions.
Building and running proprietary AI models became increasingly expensive against giants like OpenAI and Google.
Investors who initially showed interest did not participate in a planned funding round.
Acquisition discussions fell through, leaving few options for the startup.
JiviAI had raised undisclosed funding in late 2024.

The shutdown follows the closure of other startups founded by former BharatPe executives: GenWise paused operations in December 2025, and OneBharat.AI ceased operations in April 2025.

JiviAI built proprietary AI models for medical assistance and healthcare services.

Founder Ankur Jain is evaluating his next move.
Discussions are underway for Jain to possibly rejoin BharatPe, but the appointment is not finalized.