StopDownOpen the app

Funding · Enterprise Software & IT

NeuralKart raises ₹2.35 crore seed funding

By ·

Date
Company
NeuralKart
What it does
AI insurtech and industrial safety startup
Kind
Funding
Amount
₹2.35 crore
Stage
seed
Founded
2024
Sector
Enterprise Software & IT

What they do

NeuralKart builds AI platforms for insurance operations and industrial safety

What happened

It raised ₹2.35 crore in seed funding led by Inflection Point Ventures

Why it matters

The startup claims 100% customer retention since its 2024 founding

The details

  • NeuralKart has raised ₹2.35 crore in a seed funding round.
  • The round was led by Inflection Point Ventures.
  • The startup will use the funds for product development, AI and machine learning engineering, and customer acquisition.
  • It will also spend on go-to-market expansion and working capital.
  • NeuralKart was founded in 2024 by Manoj Raju, Shreyas R. Halageri, and Vidvath Kamireddy.
  • The company operates at the intersection of insurtech and industrial safety technology.
  • It has already onboarded paying enterprise customers and claims 100% customer retention since inception.

The bigger picture

  • NeuralKart's dual-platform approach targets both underwriting automation and workplace risk detection.

About the business

  • NeuralKart is an AI insurtech startup that develops AI platforms for insurance operations and industrial safety.
  • Its insurance platform InsureMind automates underwriting, claims, renewals, and audits by analyzing insurer policy documents.
  • Its industrial safety platform FieldSense uses computer vision with drone, CCTV, IP camera, and sensor data to identify safety risks and generate risk assessments.
  • The company works with general insurers and industrial risk services firms across health underwriting, claims automation, and field safety.
  • It targets enterprise customers in India and overseas.
  • NeuralKart has entered a co-development partnership for the FieldSense platform.

What happens next

  • NeuralKart plans to use the funds for product development, AI and machine learning engineering, customer acquisition, go-to-market expansion, and working capital.

The deal

Type
seed

Investors

Founders

  • Manoj Raju, Co-founder
  • Shreyas R. Halageri, Co-founder
  • Vidvath Kamireddy, Co-founder

About NeuralKart

Product
Two AI platforms: InsureMind for insurance automation (underwriting, claims, renewals) and FieldSense for industrial safety risk detection
Customers
General insurers, industrial risk services firms and safety teams managing industrial sites
How it makes money
B2B SaaS platform automating insurance decisions and field risk assessment
What sets it apart
Closes loop between field-level risk detection and insurance underwriting with computer vision and AI analysis
Operations
100% customer retention rate since inception with paying enterprise customers

Other articles talking about it

Read it as a card in the app

Same day

All startup news on 23 July 2026 →