Coimbatore-based AI services startup Aivar has raised $4.6 million in a seed funding round, led by Sorin Investments, with participation from Bessemer Venture Partners. The company plans to use the capital to support expansion across India, the US and the Middle East, while stepping up investment in proprietary AI accelerators, senior hires and global delivery capabilities.

Founded in 2024 by ex-AWS colleagues Kousik Rajendran, Praveen Jayakumar, Ashwin Ram Ravichandran and Aadharsh Ayappan, Aivar is an AI-first services partner delivering fast, high-quality AI solutions, supported by AWS validation and accelerators for voice, data, and AI and ML workloads. In less than a year of operations, the company has grown to more than 80 customers, working with both startups and enterprises to move AI initiatives from experimentation to production.

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Aivar’s automation accelerator, Velogent, has enhanced the contract processing system for a logistics SaaS provider, streamlining intricate, heavily document-heavy workflows by leveraging agentic AI. The platform enables automated intake of contracts, agentic analysis and reconciliation of documents, and automatic creation of records within supply chain systems.

Mandar Dandekar, partner at Sorin Investments, stated that Aivar stands out by combining deep cloud expertise with AI-native accelerators that help companies move from intent to impact. According to Bessemer Venture Partners, India’s IT services sector is projected to reach $400 billion by 2030, with AI-first services players leading this transformation.

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