Latest news with #DeepakAnchala
Entrepreneur
14-05-2025
- Business
- Entrepreneur
Adopt AI Raises USD 6 Mn Led by Elevation Capital to Power Agentic Interfaces
Foster Ventures, Powerhouse Ventures, Darkmode Ventures, and several prominent angel investors also backed the seed funding round. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Agentic AI startup Adopt AI has secured USD 6 million in seed funding led by Elevation Capital, with participation from Foster Ventures, Powerhouse Ventures, Darkmode Ventures, and several angel investors. The funding will help the company expand its platform that transforms existing applications into intelligent, AI-driven experiences. Founded by Deepak Anchala, Rahul Bhattacharya, and Anirudh Badam, Adopt AI enables businesses to build and embed agent interfaces into their applications. The platform automates workflows and executes complex tasks through natural language commands, allowing users to interact with software more intuitively. "We are at a pivotal moment in how software is built and experienced," said Deepak Anchala, Founder and CEO. "For too long, users have had to adjust to the rigid workflows of applications. Adopt AI shifts this by enabling B2B and consumer applications with complex workflows to evolve into intelligent agents without the need to re-architect the stack." The company's no-code platform includes an agent builder that learns application workflows and generates actions automatically. It also offers a conversational AI interface that can be embedded within apps or externally, enabling users to complete tasks using natural language. "Our platform integrates with existing applications, transforms them into agent-driven experiences, and ensures users can take actions with natural language—boosting retention and driving engagement, while providing companies full control over the underlying AI technology," Anchala added. The founders previously built Slintel, a sales intelligence platform that raised USD 25 million and was acquired by 6sense in 2021. Adopt AI's team includes former senior engineers from Microsoft and Google, with Chief AI Officer Anirudh Badam bringing over a decade of experience from Microsoft's Seattle HQ. Vijay Sagar, a founding AI engineer, spent 10 years at Google developing machine learning models. "Adopt AI is at the forefront of a transformative shift in how applications engage with users," said Krishna Mehra, Partner at Elevation Capital. "Their innovative approach to empowering applications with intelligent AI agents has the potential to redefine user experiences across industries."
Time of India
13-05-2025
- Business
- Time of India
Agentic AI startup Adopt AI raises $6 million in round led by Elevation Capital
The next big trend in artificial intelligence (AI), after Generative AI (GenAI), is agentic AI , and Silicon Valley-based Adopt AI is riding that wave. The company's platform enables businesses to easily integrate intelligent agent capabilities into their applications, a process that would otherwise take months to build in-house. Founded by Deepak Anchala, Rahul Bhattacharya and Anirudh Badam, Adopt AI is emerging from stealth with the announcement of a seed funding round of $6 million led by Elevation Capital . Other investors include Foster Ventures, Powerhouse Ventures, Darkmode Ventures, and some angel investors. Based in San Francisco and Bengaluru, the startup is primarily using the funding to strengthen its AI and engineering teams, build its technology and implement its go-to-market strategy. "In the agentic AI world, applications are coming closer to humans with natural language ," Anchala told ET. "Applications as they stand today will lose out to agentic AI companies unless they change. So we are building an agentic layer for them to turn any application into an agentic one, within 24 hours," he said. One of the startup's offerings is Agent Builder, a no-code builder that helps companies build, launch and monitor the agent experience for their in-house application instantly by automatically learning it and generating actions. Live Events Companies can create these agentic layers themselves, but it takes over six months of engineering experience and significant investment. It is mainly targeting software-as-a-service (SaaS) companies and business-to-customer (B2C) firms that have complex workflows in sectors such as banking and healthcare. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories Big Tech players like Meta, Anthropic, and Microsoft are also investing in agentic AI. However, they are likely to focus on scaling the technology broadly, rather than going deep into specialised applications, Anchala said. He added that the next evolution in agentic AI will require apps like Apple's Siri to interact directly with other apps to complete tasks for users. In the future, this means most apps will need to 'agentify' themselves to stay relevant. The Adopt team has 16 members: five in the US and 11 in Bengaluru. The India team comprises full-stack engineers, product managers and designers, while the former has AI engineers.
Forbes
13-05-2025
- Business
- Forbes
Is This The End Of The App As We Know It?
The end of complexity? What if you could control all your apps by plugging in a single AI agent? Is the end of the app nigh? In a way, says Deepak Anchala, the founder of start-up technology company AdoptAI, who hopes to help speed this demise. Apps will remain as important as ever to both consumers and enterprises, Anchala argues, but users will no longer have to work directly with them; instead, they'll use AI agents to control these apps accomplish their key tasks. 'We see a world where the app runs in the background, operated by AI agents that you tell what to do,' says Anchala. 'You no longer have to waste time working out how to use each new application's features and workflows; instead, you have a single point of interface with all the apps you use, and you control them with natural language.' It's not really such a huge jump from where we are today. Many software users have already adopted solutions such as Microsoft's Copilot, which sits inside the software giant's apps, operating as an AI assistant to help you use them. Research from Gartner suggests 33% of software applications will include AI agents like Copilot by 2028, up from just 1% last year. But what if you could take such agents out of the app altogether? Anchala envisages a single AI agent running inside a workplace tool such as Slack. Jobs that might once have required staff to use multiple different apps could then be accomplished with a single instruction in one place. AdoptAI's own business is currently built on building AI agents for app developers -effectively enabling them to add their own versions of Copilot to the software they sell, even if they lack inhouse expertise in agentic AI. In time, however, Anchala expects the bigger opportunity to lie in AI agents that can work across multiple apps. Investors are increasingly interested in the space, with AdoptAI announcing its seed funding round today. The $6 million raise is led by Elevation Capital, with support from Foster Ventures, Powerhouse Ventures, Darkmode Ventures and a number of angel investors. Krishna Mehra, a partner at Elevation Capital, foresees 'a transformative shift in how applications engage with users'. He argues: 'Empowering applications with intelligent AI agents has the potential to redefine user experiences across industries.' AdoptAI founders Deepak Anchala, Rahul Bhattacharya, and Anirudh Badam The race to build those agents is accelerating, particularly in industries such as marketing, where software users currently have to juggle multiple apps to manage the various activities that take place within their sales funnels. Business such as Zapier and Make offer a similar value proposition to AdoptAI, enabling staff to connect different apps and services, and to automate workflows. Zapier has a collaboration with Claude, owned by the AI giant Anthropic, aimed at enabling users to access and control apps through conversational natural language. For specialist software developers, including tens of thousands of software-as-a-service businesses worldwide, this is an intriguing trend. On the one hand, their apps will fade from view if users aren't interacting directly with them, potentially limiting their brand value. Microsoft CEO Satya Nadella even suggested recently that the 'notion that business applications exist' could 'collapse' once AI agents take over as the user interface. On the other, many software companies find product development frustrating; they invest heavily in new services and features that ostensibly give them an edge over their rivals, only to find that time-limited users never actually learn how to take advantage of this functionality. AI agents, by contrast, could master new tools almost instantly, ensuring the best apps get fully exploited – and therefore build user numbers. Watch this space. ResearchandMarkets expects the value of the global AI agents market to grow from $5.29 billion this year to $216.8 billion by 2035, an annual growth rate of more than 40%. Multi-agent tools will account for a growing share of the market, it predicts.
