- FireAI is anAI-powered business intelligence platform that makes data insights conversational, real-time, and actionable.
- The funds will be primarily deployed towards productdevelopment, targeting key innovations like Causal Chain, Text-to-SQL functionality and development of their proprietary ETL tool.
- FireAI has successfully expanded operations in Dubai, Abu Dhabi, Africa, and Kenya as a certified OEM partner.
- So far, Inflection Point Ventures has invested over INR 800 Cr across 250+ startups.
Mumbai, 16th October 2025 – AI-powered business intelligence startup, FireAI has raised ₹4 crore in seed funding round led by Inflection Point Ventures. The funds will be utilized for developing products, notable innovations like Causal Chain, Text-to-SQL capability, proprietary ETL tool enhancing scalability, speed, and end-user experience. Additionally, funds will also be earmarked for hiring qualified tech professionals and expanding into new markets.
FireAI makes business intelligence simple, scalable, and accessible by moving away from complex dashboards and enabling users to interact with data through conversational AI tools.
FireAI has successfully grown its operations into Dubai, Abu Dhabi, Africa, and Kenya as a certified OEM vendor. It has partnered with Alchemist LLP to be the official channel partner in these regions, which helps improve its presence and distribution in the market. This is an important step in expanding globally and gaining credibility. FireAI has its own AI engine built from the ground up, which helps with descriptive and diagnostic analytics.
Vinay Bansal, CEO & Co- founder, IPV says, “AI today is transforming all facets of life. However, it has also caused an overload of data without any means to interpret it or turn it into actionable next steps. This gap often leads to underutilization of AI or misinterpretation of data. FireAI’s business intelligence makes this data conversational & accessible. Providing clear insights for future decision making effectively saving crucial time and resources for businesses.”
Vipul Prakash, Founder & CEO, FireAI says, “From India for the world, we’ve only just begun, this is just 20% of what we aim to achieve. At Fire AI, we’re building bold and meaningful innovations like Causal Chain, India’s first diagnostic analytics platform, designed not just from a technical perspective, but through the eyes of real stakeholders. Our aim is to enable businesses, truly and meaningfully. Collaboration with IPV reaffirmed our belief that business intelligence for the future depends on simplicity and accessibility. With Fire AI, we are redefining how organisations interact with data, shifting away from complex dashboards to real-time, conversational insight. Our ambition is to give each decision-maker real-time intelligence, fueling growth and innovation.”
FireAI has transformed businesses with forecasts that are 30% more accurate and smart real time alerts so teams can act immediately, optimizing the decision making process. FireAI has grown into a team of 30 individuals supporting large customers like GOVERNMENT E MARKET PLACE (GEM) and GeM. Their BI platform can integrate with more than 700 sources of data, showcasing their capability as they grow rapidly from Indian to global markets.
FireAI is led by Vipul Prakash, Founder & CEO, who is a B.Tech. graduate from SRM University with over a decade of experience in product development, growth and operations at leading firms like Zomato, Delhivery, and BharatPe. He now drives FireAI’s vision of making business intelligence conversational and accessible
The market for data analytics is expanding rapidly due to growing utilization of AI across the globe. Globally, it is set to rise from $74 billion in 2024 to $482 billion by 2033, recording an average growth of over 20%. In India, the market is set to increase from $2.6 billion to $27 billion during the same period, recording an average growth of 27.5%. This data reveals the immense growth potential and global demand for AI and data analytics. FireAI is a great step forward in this shift, making data accessible to everyone, not just analysts.
About FireAI:
Fire AI is a Mumbai-based AI-powered business intelligence startup making data insights conversational, real-time, and actionable. Trusted by enterprises like GOVERNMENT E MARKET PLACE (GEM) and GeM, Fire AI offers intuitive, cost-effective tools like Text-to-SQL, Causal Chain (India’s first diagnostic analytics platform), and a lightweight ETL solution all built through a stakeholder-first approach to make business intelligence simple, scalable, and impactful.
About IPV:
Inflection Point Ventures (IPV) is an angel investing platform with over 24,000+ CXOs, HNIs, and Professionals to together invest in startups. The firm supports new-age entrepreneurs by providing them with monetary & experiential capital and connecting them with a diverse group of investors. IPV has launched a $50 Mn CAT 2 VC fund, Physis Capital, to invest in Pre-Series A to Series B growth-stage start-ups. The fund has already deployed capital in six startups so far, with a few deals in advanced stages of pipeline.
