India, Jan. 8 -- AI services startup Aivar has raised $4.6 Mn (INR 41.3 Cr) in a seed funding round led by Sorin Investments, with participation from Bessemer Venture Partners. The startup plans to utilise the fresh capital to expand its operations across India, the US and the Middle East, and hire senior talent.

Aivar said the fresh funding will also go towards strengthening its delivery capabilities and building reusable AI components. The startup is positioning itself as an alternative to traditional IT services firms, which are still adapting to such models.

Founded in 2024 by former AWS executives Kousik Rajendran, Praveen Jayakumar, Ashwin Ram Ravichandran and Aadharsh Ayappan, Aivar helps businesses build, deploy and manage advan...