Simplismart, an Indian AI infrastructure company that helps businesses run AI models, has raised a $14m Series B led by Dallas Venture Capital. The company announced the round on 27 October 2026.
NVIDIA, Accel, Shastra VC and Micromax also took part. Inc42 reported that Dallas Venture Capital put in close to $5m and that angel investors joined. The company did not disclose a valuation; Entrackr reported earlier that the round would value it at about $100m.
“We've built the infrastructure that makes model capability commercially usable.”Amritanshu Jain, Co-founder and CEO, Simplismart
What Simplismart does
Once an AI model is trained, running it for users, known as inference, can be expensive and slow. Simplismart sells an inference engine and orchestration platform that manages how models are deployed, scaled and run on GPUs, with one control plane across clouds, regions and on-premises hardware.
The company also lets cloud providers turn their GPU capacity into ready-to-use AI services. Cloud company Yotta uses Simplismart to power the serverless inference layer of its Shakti Studio platform.
Customers include HeyGen, Higgsfield, InVideo, Shiprocket, Apna and Ema. The company says it delivered a production set-up for Ema at 7 cents per million tokens and 180 milliseconds of latency, against a target of about 9 cents and 200 milliseconds.
Jain said the advantage in AI does not come only from having the best models but from how they are run. The company says it has spent four years building its platform.
Growth and backers
Simplismart says its annualised revenue run rate grew 14 times over the past six months. It did not give a revenue figure. About 55% of revenue comes from the US and the rest from India, according to Inc42.
The company was founded in 2022 by chief executive Amritanshu Jain and chief technology officer Devansh Ghatak, according to Inc42. It raised a $7m Series A led by Accel in October 2024.
Dayakar Puskoor, managing partner at Dallas Venture Capital, said inference is becoming one of the biggest factors in the economics of AI.
Accel, which led the Series A, invested again in this round. Apart from Inc42's figure for Dallas Venture Capital, the company did not say how much each investor put in.
What the money is for
Simplismart will use the money to develop its inference engine and orchestration platform, add more cloud providers and grow in North America and other markets.
It also plans partnerships with cloud and sovereign AI providers to build a scheduling layer that matches AI workloads with spare GPU capacity across regions and clouds.
Simplismart sells to both sides of that market: companies that want to run models cheaply and cloud providers that want to sell spare GPU time. Coverage of the round differs on where the company is based; Indian outlets describe it as a Bengaluru company.
Yotta's Shakti Studio is the main example the company gives of a cloud provider using Simplismart to sell AI services on its own GPUs.
Company website: simplismart.ai