Nvidia backs Indian startup Simplismart in $14M Series B round
Current overview (not historical)
Nvidia participated in a $14 million Series B funding round for Indian AI startup Simplismart, valuing the four-year-old company at approximately $100 million. Simplismart claims its software helps AI video platform InVideo reduce GPU service costs by 56% through optimized model deployment. The company's technology aims to help businesses run AI models with fewer GPUs.
Written with AI from the reporting · updated 10/27/2026
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- 1Unclassified fact stationOct 27, 00:00recorded Oct 27, 19:50single sourcerevised
Nvidia backs Indian startup Simplismart in $14 million Serie
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- Subject:
- nvidia
- Action:
- participated in funding round
- Object:
- Simplismart
- Occurred (fact side):
- Oct 27, 00:00
- Published (valid side):
- Oct 27, 19:00
- First seen (known side):
- Oct 27, 19:50
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- TechCrunch · AIRelated fact: single sourceSource report revisedNvidia backs Indian AI startup Simplismart in $14 million Series B round
Report first recorded Oct 27, 19:50
Nvidia participated in a $14 million Series B funding round for Indian startup Simplismart, which develops software to help companies run AI models more efficiently on existing GPU infrastructure. The startup's technology can optimize model deployment, automatically scale resources, and reduce computing power consumption, with one customer, InVideo, reporting a 56% reduction in GPU serving costs.
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