AI startup GreyLabs AI has raised ₹85 crore in funding from Elevation Capital, marking a major step in its expansion plans. The company plans to use the funds to scale its AI infrastructure, enhance product capabilities, and onboard over 300 enterprise clients in the next two years.
Founded in 2021, GreyLabs AI provides AI-driven automation and analytics solutions to businesses in sectors like retail, finance, and logistics. Its tools help companies improve operational efficiency and decision-making through machine learning and generative AI technologies.
According to company officials, this funding will help GreyLabs strengthen its R&D operations, hire top AI engineers, and expand into international markets, including Southeast Asia and the Middle East.
Expansion and Growth Plans
GreyLabs AI currently works with over 80 enterprise clients and aims to grow that number fourfold by 2027. The company’s long-term vision is to become a leading AI solutions provider in India’s growing tech ecosystem, which has seen a surge of investor interest in 2025.
Investor’s View
An Elevation Capital spokesperson said,
“GreyLabs AI is addressing a massive gap in enterprise AI adoption with scalable and efficient solutions. We believe their technology and execution capability can transform how companies use AI for business growth.”
Key Takeaways
- GreyLabs AI raised ₹85 crore in its latest funding round.
- The funding was led by Elevation Capital.
- The startup plans to target 300+ clients in the next two years.
- The funds will be used for AI infrastructure, hiring, and global expansion.
Summary Table
| Particulars | Details |
|---|---|
| Company Name | GreyLabs AI |
| Funding Amount | ₹85 crore |
| Lead Investor | Elevation Capital |
| Founded | 2021 |
| Current Clients | 80+ |
| Target Clients | 300+ by 2027 |
| Use of Funds | AI infrastructure, hiring, R&D, expansion |
| Sectors Served | Retail, finance, logistics |
| Headquarters | Bengaluru, India |
| Goal | Become India’s leading AI enterprise solutions provider |
