Samya.ai secures $6 Million in Seed Funding

Samya.ai has secured $6 million seed funding. Sequoia India led this latest funding round.

The other investors who also participated in the round include Ashish Gupta, Deborah Kops, Sandeep Sugla, Arijit Sengupta, Deb Henretta, and others.

Headquartered at Chicago, USA, Samya.ai operates in Consumer Packaged Goods (CPG) space. The company claims to be the only Revenue growth AI Company in CPG space at the intersection of demand and supply operations. The company also operates its R&D center in Bangalore, India.

Executive Opinion

The Co-founder and CEO of Samya.ai, Shailendra ‘Shelly’ Singh, said, "Demand-supply interactions are becoming very unpredictable and vulnerable, resulting in huge lost revenue opportunity. This trend will continue unless addressed proactively, especially when a large number of CPG companies have been facing saturating growth."

Co-founder, COO, and CPO, Deepinder Dhingra, said, "AI/ML-powered learning and recommendation systems that augment front line decision-makers are needed to plug revenue leakage. We are building a category-defining product by assembling the best AI/ML and Engineering team in this space-based out of Bangalore."

Samya's third Co-founder and Chief Customer Officer, Pavan Palety, said, "In the initial phase we are being very selective about partnering with visionary customers as this needs close collaboration with multiple stakeholders. In the long term we want to build a large and diverse ecosystem of partners and advisors who can help us drive customer success globally”.

Fund usages at Samya.ai

The startup will use the funding to scale up the team and win business in the global markets.
Samya.ai is addressing these issues holistically. Its unique sort of approach maps the power of AI/ML methods such as deep learning, probabilistic machine learning, and reinforcement learning that can adapt to the unique challenges of the sector.

Samya is engaged with a few Fortune 500 companies to showcase value from their approach, notes the announcement.