Nurix AI, founded by serial entrepreneur Mukesh Bansal, has successfully raised $27.5 million in funding, a round co-led by renowned venture capital firms Accel and General Catalyst. Meraki Labs also participated in this cumulative seed and Series A investment.
This substantial capital infusion is poised to fuel the company’s expansion, with a specific focus on scaling its operations across Asia and North America.
The funding round consists of $12.5 million raised during Nurix’s seed round, with the remaining $15 million coming from its Series A round. The company plans to invest the new capital in further strengthening its technological base and expanding its research and development capabilities. This includes fostering key partnerships with AI hardware providers and product companies, enabling Nurix AI to build stronger, more comprehensive solutions for enterprises globally.
Founded in 2024, Nurix AI specializes in providing AI-native services that seamlessly integrate into existing enterprise workflows. By helping businesses implement AI agents tailored to their specific operational needs, the company aims to boost productivity, drive profitability, and enhance customer experiences. According to Nurix, its solutions offer practical, reliable AI applications designed to fit within the evolving digital landscapes of modern enterprises.
One of Nurix’s flagship offerings is aimed at revolutionizing the business process outsourcing (BPO) industry, which is valued at over $300 billion. By leveraging AI combined with human oversight, Nurix offers more personalized, scalable, and efficient customer interactions. This hybrid approach enhances both operational reliability and customer satisfaction, positioning the startup as a key player in transforming the BPO space.
Mukesh Bansal, the visionary behind Nurix AI, is well-known for his success as a serial entrepreneur. After founding and selling Myntra to Flipkart in 2017, Bansal took on leadership roles within the Walmart-owned e-commerce giant. He later co-founded the health-tech platform Cult.fit, which achieved unicorn status following a significant investment from Tata Digital.
With a deep understanding of scaling businesses and leading innovation, Bansal has consistently attracted prominent investors to back his ventures. Nurix AI’s recent funding success adds to his impressive track record, following his co-founding of Lyskraft alongside Mohit Gupta, Zomato’s co-founder, which also secured $26 million from prominent investors like Peak XV Partners and Prosus.
With the newly raised $27.5 million, Nurix AI is well-positioned to drive innovation in the AI sector, unlocking new growth opportunities in the global enterprise landscape. By enhancing its R&D and expanding geographically, the company is set to redefine how enterprises utilize AI to streamline operations and improve customer engagement.