Deccan AI raises $25 million from A91 Partners, others

Artificial intelligence startup Deccan AI has raised $25 million in a round led by growth equity firm A91 Partners, with participation from Susquehanna International Group (SIG) and Prosus Ventures. Deccan AI will double down on building high-accuracy AI systems for enterprises and frontier model labs, the company's founder Rukesh Reddy told ET.

While Prosus is an existing investor in Deccan, for A91 Partners, which has backed companies such as Blue Tokai Coffee, Healthkart, Aye Finance and Giva, this is the first investment in an artificial intelligence startup.