The Alchemic Pre-Seed round of ₹2.5 Cr marks a significant early vote of confidence in the Bengaluru-based AI startup, as publicly reported on 2026-07-07. Bengaluru-based AI startup Alchemic has raised ₹2.5 crore in a pre-seed funding round led by AJVC, with participation from angel investors. Founded in 2025 by Sreenadh Narayanan and Maurice Dhara, Alchemic develops AI agents for customer research, with its platform automating the customer-insights process — covering interviews, analysis, and reporting — tasks traditionally handled by research teams.
Quick Highlights
- Founders: Sreenadh Narayanan (Co-founder & CEO) and Maurice Dhara (Co-founder & CTO)
- Lead Investor: AJVC
- Participating Investors: Angel investors (undisclosed)
- Investor Background: AJVC is an early-stage venture capital firm headed by Aviral Bhatnagar, with a portfolio that includes Bubble Me, Finanjo, Mindcase, Care Dale, HandyPanda, Multibagg AI, Nuyug, Mithila Foods, Jaagruk Bharat, TruFides AI, Chop Finance, Gaadi Mech, and Iztri.
- Headquarters: Bengaluru, Karnataka, India
- Announcement Date: 7 July 2026
Funding Breakdown
Use of Funds
The fresh capital will be used to enhance Alchemic’s AI platform, expand its engineering and commercial teams, and increase enterprise adoption.
Funding Timeline
Founded in 2025 by Sreenadh Narayanan and Maurice Dhara, Alchemic has now closed its first institutional round. This ₹2.5 Cr pre-seed is the company’s maiden disclosed funding milestone, as publicly reported.
Expansion Plans
With the new funding, Alchemic plans to continue improving its AI capabilities while expanding its reach among enterprises seeking faster, data-driven customer insights. The company is also actively building out its team: as publicly reported, Alchemic is hiring for a Founding AI Engineer role to own the AI interviewer and voice agent modules, with responsibility for maintaining a state-of-the-art stack for long, free-flowing conversations, as well as an Insights Lead to run end-to-end primary research studies and drive outcomes for enterprise brands.
Significance
The startup says its revenue has grown fivefold over the past six months, reflecting increasing demand for AI-powered customer research tools — a traction signal that makes the pre-seed raise notable even by early-stage standards. Alchemic’s AI can conduct interviews with hundreds of customers simultaneously and generate reports backed by video clips and customer quotes within hours, with the platform available as both a research service and an enterprise integration product — a dual-delivery model that broadens its addressable market. Alchemic competes with global startups such as Listen Labs, Outset, Conveo, and Strella, which also use AI to automate customer research and feedback analysis, positioning this round as an early step toward staking out India’s share of a rapidly globalising AI-insights segment. For AJVC, the investment continues its strategy of backing high-velocity, product-first teams at the earliest possible stage across India’s emerging tech landscape.
These details have been verified against multiple publicly available reports as of 2026-07-07.
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Disclaimer: This report is compiled from publicly available sources and is for informational purposes only; funding figures are as publicly reported and may be subject to change.
