Data Science Wizards (DSW), a deep-tech AI startup, has successfully raised $1.4 million in a seed funding round at a valuation of $16.4 million. The round was led by an angel investor, with funds earmarked for enhancing the company’s flagship AI platform, UnifyAI, and expanding its team.
Founded in 2019 by Pritesh Surendra Tiwari, Ramesh Khare, Sandeep Khuperkar, and Shivam Thakkar, the Mumbai-based company aims to revolutionize industries with cutting-edge AI solutions tailored to specific sectors. DSW’s focus on rapid deployment and delivering real-world results sets it apart in the AI landscape.
One of the company’s most anticipated upcoming releases is insurAInce, an AI-powered solution designed specifically for the insurance sector. Leveraging UnifyAI, insurAInce addresses key industry challenges such as risk management, fraud detection, and operational efficiency, integrating pre-built models and specialized tools for quick implementation. The solution is designed to work seamlessly with insurers’ legacy systems while ensuring compliance with industry regulations.
In addition to its insurance-focused solution, DSW is working on a series of domain-specific AI products for sectors such as banking, telecom, retail, and manufacturing. The goal is to help businesses in these industries move from AI experimentation to full-scale production, transforming how they operate and compete in the digital age.
The company has already gained traction with major players like Canara HSBC Life Insurance, Manipal Cigna, and Castler, all of which have seen significant improvements in operations after implementing UnifyAI’s solutions.
With the fresh funding, DSW plans to further develop its platform and broaden its industry-specific offerings, pushing the boundaries of AI-driven transformation across multiple sectors.
