New Delhi, July 16th, 2025: Fire AI, a revolutionary AI-powered business intelligence platform transforming businesses interactions through automation and conversational analytics, has raised an undisclosed pre–seed funding led by Venture Catalysts, India’s leading integrated incubator and accelerator platform.
The round also saw participation from notable investors including Gaurav Khatri (Co-founder and CEO of Noise) and Amit Kumar Singh (Former Managing Director, Central Warehousing Corporation), bringing strategic expertise and validation to support Fire AI‘s ambitious vision of democratizing business intelligence with artificial intelligence.
Fire AI‘s platform stands out due to its ability to cover the entire data maturity lifecycle, from Ad Hoc and Descriptive Reporting to Diagnostic, Predictive, and Prescriptive Analytics. While most solutions work on individual components of this mix, Fire AI is building a unified platform that brings comprehensive intelligence together This will make complex data analysis effortless and instantly usable by any business. The company’s focus on conversational AI and automation positions it at the forefront of emerging business intelligence trends, particularly as organizations increasingly seek self-service BI solutions that can deliver insights without requiring specialized technical knowledge.
Fire AI was founded by Vipul Prakash, a seasoned product and growth leader. With over 12.5 years of experience, Vipul is known for driving scale and adoption at some of India’s most iconic startups including Zomato, Delhivery, and BharatPe. Under his leadership, Fire AI has positioned itself as a pioneering force in the rapidly evolving business intelligence landscape. The company’s comprehensive AI-powered platform seamlessly integrates with existing business databases and tools, automating the entire reporting and analytics workflow while delivering real-time, actionable insights through an intuitive conversational interface.
Commenting on the investment, Dr. Apoorva Ranjan Sharma, Co-founder and Managing Director of Venture Catalysts, said, “Fire AI stands as the next frontier in business intelligence, combining the power of artificial intelligence with deep understanding of enterprise needs. The platform’s ability to automate complex analytics workflows while making insights accessible through natural language demonstrates the kind of innovation we seek to support. With the global business intelligence market poised for exponential growth, Fire AI is perfectly positioned to capture significant market share. This investment aligns with our commitment to backing companies that are transforming traditional sectors through cutting-edge AI technology.”
Vipul Prakash, Founder & CEO of Fire AI, commented on the funding, “We’re excited to have the backing of strategic partners at this early stage of our journey. The pre–seed round is a strong validation of our vision to make AI-enabled business intelligence simple, conversational, and truly accessible. We’re just getting started and the focus now is on building, listening to early users, and laying a strong foundation for scale. At Fire AI, we’re building an AI-enabled platform that simplifies how businesses work with data. The goal is to make insights as easy to access as messaging a colleague. While we’re still early in our product journey, the conviction is clear: data should work for people, not the other way around.”
India’s data analytics market is expected to grow to $27 billion by 2033, at a CAGR of 27.5%. With over 60 million registered MSMEs contributing nearly 30% to the country’s GDP, the rising demand for real-time insights and data-driven decision-making is accelerating this growth.
The pre–seed funding will enable Fire AI to accelerate product development, expand its team, and deepen market penetration across key industry verticals. The company plans to focus on enhancing its AI capabilities, building strategic partnerships, and scaling its go-to-market efforts while maintaining its commitment to making business intelligence truly accessible to enterprises of all sizes. The strategic backing from Venture Catalysts will provide Fire AI with the resources and guidance needed to execute its vision of transforming how businesses interact with data in the AI-powered future.