Nvidia is joining a $14 million funding round led by Dallas Venture Capital alongside Accel, Shastra VC and Micromax. The deal values Simplismart, also known as Verute Technologies, at about $100 million including the new capital. Founded in Bengaluru in 2022, the startup develops software that optimizes the execution of AI models in production, including large language models, visual recognition and speech processing. Its hardware-agnostic platform orchestrates, optimizes and deploys models across different infrastructure, sometimes requiring fewer GPUs, and already serves dozens of enterprise customers such as Tata 1mg and InVideo.
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