Home Portkey Bags $3 mn Seed Funding

Portkey Bags $3 mn Seed Funding

Share
Share

Portkey Bags $3 mn Seed Funding

Portkey.ai, an enterprise IT firm with a focus on generative AI, has raised $3 million as part of a seed fundraising round headed by Lightspeed. Several angel investors, including AWS, OpenAI, Cloudflare, Postman, and Asana, took part in the round as well.

For connecting to LLMs or successfully managing prompts, Portkey also provides full-stack LLMOps tools with connectors across platforms like OpenAI, Anthropic, Langchain, and LlamaIndex.

The startup, Portkey, has partnered with companies like Postman, Jio Haptik, and Springworks to serve millions of requests daily. It plans to release products in fine-tuning models and real-time canary testing. Portkey aims to capitalize on the growing Indian internet economy, driven by app downloads and the growing number of enterprises seeking app solutions. The Indian SaaS market is projected to reach $26 billion by 2026.

(With inputs from Shikha Singh)

Share

Latest News

800K BTC & Counting! Strategy’s Aggressive Bitcoin Strategy Shocks Markets
News

800K BTC & Counting! Strategy’s Aggressive Bitcoin Strategy Shocks Markets

Key Takeaways Strategy reaches an important turning point by holding more than 800,000 Bitcoin, cementing its status as the largest public BTC...

Kelp Hack Shocks DeFi: $293M Drained In Major Cross-chain Exploit
News

Kelp Hack Shocks DeFi: $293M Drained In Major Cross-chain Exploit

Kelp, a liquid restaking protocol, has suffered a major security breach resulting in the loss of approximately $293 million. The exploit targeted...

Cyderabad Crypto Breach! Hackers Steal ₹9 Lakh, Attempt ₹38 Lakh Token Dump
News

Cyderabad Crypto Breach! Hackers Steal ₹9 Lakh ($9.6k), Attempt ₹38 Lakh ($40k) Token Dump

Key Takeaways A ₹38 lakh ($40k) cryptocurrency wallet hack connected to a multinational tech company is being looked into by Cyberabad police....

Circle Launches USDC Bridge For Seamless Cross-chain Transfers
News

Circle Launches USDC Bridge For Seamless Cross-chain Transfers

Circle has launched USDC Bridge, a new tool designed to streamline cross-chain transfers of its USDC stablecoin. Built on its Cross-Chain Transfer...

Latest Blogs

“Click, Token, Own!” Why RWA Is The Future Of Finance?

A financial revolution, RWA tokenization bringing real-world assets onto blockchain RWA tokenization increases accessibility, quickness and transparency, pushing markets to expand rapidly,...

Top 5 Ways To Spot The Best AI Coin

Artificial Intelligence (AI) is the talk of the town as it goes on to completely alter the intrinsic landscape of our industries...

Stablecoins Go Mainstream: How Hong Kong’s Bold Regulation Is Shaping Future Of Digital Finance

The word “stablecoin” is no longer limited to tech jargon in today’s quickly changing financial scene. It is now a structural component...

How Blockchain Is Revolutionizing Real Estate Market

Introduction The real estate business is seeing significant, long-term expansion, fueled by expanding urbanization and increased investments. As it is, the global...

Related Articles

“Click, Token, Own!” Why RWA Is The Future Of Finance?

A financial revolution, RWA tokenization bringing real-world assets onto blockchain RWA tokenization...

Top 5 Ways To Spot The Best AI Coin

Artificial Intelligence (AI) is the talk of the town as it goes...

Stablecoins Go Mainstream: How Hong Kong’s Bold Regulation Is Shaping Future Of Digital Finance

The word “stablecoin” is no longer limited to tech jargon in today’s...

How Blockchain Is Revolutionizing Real Estate Market

Introduction The real estate business is seeing significant, long-term expansion, fueled by...