The Hindu·3 min read·medium
Blurgs AI secures $2.2 million to expand portfolio, global presence
S
Sangeetha Kandavel
✦AI Summary
Maritime AI startup Blurgs AI has raised $2.2 million in its first external funding round led by Pravega Ventures and Shastra VC. The company plans to use the capital to expand its operations into Southeast Asia and the Middle East while diversifying into sectors like ports and fisheries.
Blurgs AI, founded by Roshan Raj Mohanty and Avinash Kori, both alumni of IIT Madras, has raised $2.2 million for its global expansion plans. The round was led by Pravega Ventures and Shastra VC, with participation from angel investors Suraj Nalin, Co-founder of PlaySimple Games and Yashwanth Madhusudhan, Co-founder of Fyle.
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