Bengaluru-Based Presentations.ai Secures $3 Million from Accel
Presentations.ai, an Indian AI-driven presentation platform, has secured $3 million in seed funding led by Accel Partners. The Bengaluru-based startup helps companies quickly generate presentation decks using AI and plans to use the funds to scale its software and expand operations. The seed round also saw participation from notable Indian entrepreneurs, including Paytm’s Vijay Shekhar Sharma, CRED’s Kunal Shah, and Freshworks founder Girish Mathrubhootham, among others. Founded in 2018 by Sumanth Raghavendra and Ravi Kasthuri, Presentations.ai has experienced rapid growth since launching its public beta in July 2023. The startup reached 1 million users in just 84 days and now has over 5 million users worldwide. AI for Presentation The startup’s AI-powered platform aims to streamline the presentation creation process, addressing a common pain point for businesses of all sizes. Presentations.ai simplifies presentation creation by leveraging AI and best design practices. It uses advanced language models and text-to-image technology to generate content and visuals while offering theme palettes, presentation styles, and brand templates for customisation. To ensure enterprise security, the platform includes safeguards against AI hallucinations and protects sensitive data. The company transitioned to a freemium model in early 2024 and now has thousands of paying users. Its Pro plan is priced at $198 per year, with localised pricing across different markets. Other AI-powered presentation tools, such as Gamma and Prezi, have also been leveraging advanced language models and ML to automate content generation and design tasks, streamlining the creation of professional presentations. Presentations.ai currently generates 20% of its revenue from the US, followed by India. Significant markets include the UK, Germany, Australia, Canada, and the Middle East. With fresh funding, the company plans to launch a dedicated agent for creating presentations within any application and build an enterprise sales team. Recently, Accel, along with Kae Capital, co-led a $2.6 million seed funding round for BPR Hub, an AI-driven compliance management platform for manufacturers. Founded in 2024, BPR Hub helps manufacturers, particularly SMEs, streamline regulatory compliance by automating up to 80% of quality, compliance, and governance tasks. With operations in San Francisco and Bengaluru, the company plans to use the funding for global expansion, team growth, and new feature development.
Founded in 2018, the startup has over 5 million users worldwide.
Founded in 2018, the startup has over 5 million users worldwide.
["Accel", "AI startup", "Presentations ai"]
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["AI", "ML", "Aim", "RAG", "R", "Go", "API", "startup", "funding", "programming_languages:R"]
As a rare blend of engineering, MBA, and journalism degree, Vandana Nair brings a unique combination of technical know-how, business acumen, and storytelling skills to the table. Her insatiable curiosity for all things startups, businesses, and AI technologies ensures that there's always a fresh and insightful perspective to her reporting. She now hosts her tech segment 'Point Break' on AIM Tv.