M37Labs, an AI solutions company, has raised an undisclosed amount in a pre-seed funding round from Vivek Suchanti – the owner of the Concept Group while making an official launch as a startup offering a comprehensive set of AI-based solutions.
“We are thrilled to launch M37Labs and embark on this exciting journey to empower enterprises with the transformative power of AI. Our mission is to make AI accessible and actionable for businesses of all sizes, enabling them to achieve their strategic objectives and drive sustainable growth,” said Prashant Shivram Iyer, Co-founder of M37Labs.
Zorawar Purohit, Co-founder of M37Labs, added, “We believe that AI has the potential to revolutionise industries and drive significant economic progress across emerging economies. M37Labs is committed to being at the forefront of this transformation, providing innovative AI solutions and expertise to our clients.”
Vivek Suchanti, Investor from the Concept Group, said, “We are impressed by the vision and capabilities of the M37Labs team. Their deep expertise in AI and commitment to ethical AI practices make them a valuable partner for businesses seeking to leverage AI for growth and innovation.”
Founded by Prashant Shivram Iyer and Zorawar Purohit, M37Labs offers a comprehensive suite of AI solutions designed to help enterprises navigate the complexities of AI adoption and implementation.
The company’s core offerings include:
- AI Strategy Workshops: M37Labs collaborates closely with C-Suite executives to understand their business objectives and develop tailored AI strategies that align with their organisational goals
- AI Workflow Design: M37Labs assists enterprises in designing and implementing efficient AI workflows that seamlessly integrate with existing business processes
- AI Software Development: The company’s team of expert AI engineers develops custom AI software solutions that address specific business challenges and drive exponential growth
M37Labs claims to serve a diverse range of industries, with a particular focus on BFSI, Retail, E-Commerce, Telecom, Travel & Hospitality, Defense, Space-tech, Healthcare, Media, and Start-ups.