Investment in Composio: Series A funding secured; Grexa AI, Kluisz.ai, and others receive early-stage financing
In the bustling Indian startup ecosystem, several early-stage companies have recently secured funding for their innovative ventures. However, these startups, including Composio, Kluisz.ai, Grexa AI, Inbound Aerospace, Coluxe, Roast Foods, and iTuring.ai, have yet to make significant public appearances in major AI industry reports or high-profile events.
Composio, an enterprise-grade machine learning platform, has raised $5 million in a Series A funding round, led by Dallas Venture Capital and Mela Ventures. The company, founded in 2025, serves over 100,000 developers, supporting more than 200 startups and enterprises, enabling AI agents to learn from each other.
Kluisz.ai, a startup founded by Aravind IB, Vishal Reddy, and Abhijit Bhutey in 2025, has raised $9.6 million in a seed round, led by early-stage venture capital firm RTP Global. The exact purpose of the funding remains undisclosed.
Grexa AI, a marketing solution app for small business owners, has secured Rs 15.5 crore in a seed round, led by Offline Club founder Utsav Somani. Since its beta launch, Grexa has onboarded over 21,600 businesses across various sectors.
Inbound Aerospace, an IIT Madras-incubated space-tech startup, has raised over $1 million in a pre-seed funding round, led by Speciale Invest. The company aims to address the growing gap in microgravity infrastructure as the International Space Station (ISS) nears decommissioning in 2030.
Coluxe, a lab-grown diamond jewellery brand, has raised an undisclosed amount in a funding round, with participation from a mix of angel and institutional investors. The funds will support the launch of Coluxe's digital storefront in August and expansion of its product range and infrastructure.
Roast Foods, a healthy snacking brand, has secured strategic capital from agri-exports company Pagariya Exports, at an undisclosed valuation. More details about the company's connection to AI infrastructure are not available.
iTuring.ai, another AI-focused startup, has raised $25 million in Series A funding, led by Lightspeed Venture Partners. The platform integrates advanced automation for data preparation, feature engineering, model development, deployment, and monitoring to help BFSI companies meet regulatory and audit requirements, serving clients across India, South Africa, and the US.
While these startups are not yet prominently featured in major AI industry reports or high-profile events, they are contributing to the growing Indian AI ecosystem. The country's AI market is projected to reach $17 billion by 2027, with over 2,000 AI startups active in 2025. Leading AI companies like Arya.ai, Fractal Analytics, and Tata Elxsi have gained global recognition for their enterprise AI platforms and sector-specific AI innovations.
To stay updated on these individual startups, direct inquiry with the companies or tracking specialized startup databases, accelerator programs, or investment announcements that cover early-stage Indian AI ventures may be necessary.
Technology continues to play a significant role in the growth of these startups, as Composio, an enterprise-grade machine learning platform, has raised funds to support its AI agents learning from each other. Similarly, iTuring.ai integrates advanced automation for various AI processes, aiming to help businesses meet regulatory requirements.
