Bengaluru, July 23, 2026 (BFN Bureau): AI-Insurtech company NeuralKart has raised INR 2.35 Cr in its Seed round led by Inflection Point Ventures. The capital will be utilized for product development and AI/ML engineering, customer acquisition, and go-to-market expansion.
NeuralKart is focused on building the decisioning layer for risk, automating enterprise workflows for insurance and industrial safety through two AI platforms: InsureMind and FieldSense. InsureMind automates underwriting, claims, renewals, and audits by ingesting an insurer’s product prospectus as the authoritative rulebook, while FieldSense uses drone, CCTV, IP-camera, and sensor data to detect unsafe conditions on industrial sites in real time.
Investment Details
The funds raised will be deployed for product development and AI/ML engineering across both platforms, customer acquisition, and working capital to scale operations. Inflection Point Ventures has invested over INR 900 crore across more than 280 startups.
Dimple Mirchandani, Senior Vice President at Inflection Point Ventures, stated, “The future of insurance will be driven by intelligent automation, where AI enhances underwriting, claims processing, and risk assessment. NeuralKart has built a platform that addresses these evolving needs with a deep understanding of both technology and the insurance ecosystem.”
Key Takeaways
- NeuralKart raised INR 2.35 Cr in Seed funding led by Inflection Point Ventures.
- The funds will support product development and customer acquisition.
- NeuralKart operates two AI platforms: InsureMind and FieldSense.
- The company has maintained a 100% customer retention rate since inception.
