Ronnie Screwvala Backs Artificial Intelligence Startup Niki.ai

Ronnie Screwvala’s Unilazer Ventures has invested an undisclosed amount in seed funding in a stealth-mode artificial intelligence (AI) startup called Niki.ai. Team Niki.ai The raised capital shall be used for product development and expansion of service offerings. As per the company, Unilazer has also made a commitment of a follow-on investment round of up to Rs 5 crore. Commenting on the matter, Screwala said, “Tech-first companies have dominated the market globally with a firm focus on user experience and simplicity, a trend which has started in India as well. Niki.ai has a stand out team and is on the brink of some innovative work.” Co-founded in April by Sachin Jaiswal, Keshav Prawasi, Nitin Babel and Shishir Modi, Niki.ai is owned and operated by Techbins Solutions Pvt Ltd. The startup is…


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