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Kaatil Spices Up Its Growth with Seed Funding

Kaatil, an Indian-chilli-focused hot condiments brand, has secured an undisclosed amount in a seed funding round led by Prajay Advisors. The funding will be used to expand Kaatil's product range and distribution channels both domestically and internationally.

• Kaatil offers a variety of hot sauces, ketchups, and chili oils, all made from Indian chillies.
• The company recently won the prestigious Great Taste Award 2024 from the Guild of Fine Foods, U.K.
• Kaatil is available on its D2C website, Amazon, Big Basket, Nature's Basket, and in offline stores across Mumbai, Pune, and Hyderabad.
• The company has also expanded to international markets, with its products now available in Canada, New Zealand, and Amazon USA.

Understanding India's Evolving Food Consumption Behaviour

Sagar Merchant, Founder of Kaatil, highlighted the changing food consumption behaviour in India, emphasizing the growing trend of experimenting with new brands and products. He explained that consumers are actively seeking alternative products to enhance their culinary experiences and move beyond traditional loyalty.

• Kaatil's products cater to the evolving palates of Indian consumers, offering a range of flavourful hot condiments with different levels of heat.
• The company aims to reach consumers with a strong liking for hot condiments, both in India and globally.

LLUMO AI: Demystifying Artificial Intelligence for Businesses

LLUMO AI, an artificial intelligence optimization company, has raised USD 1 million (about INR 8 crore) in a seed funding round led by SenseAI Ventures. The funding will be used to enhance LLUMO AI's technology, expand its AI expert team, and accelerate its market strategy.

• LLUMO AI offers a platform that significantly reduces LLM costs and time-to-market, making artificial intelligence more accessible and profitable for businesses.
• Founded by IIT alumni Shivam Gupta and Akshat Anand, LLUMO AI has emerged as a leader in the enterprise SaaS space.
• The company's platform cuts LLM costs by 80% and speeds up AI deployment by 10x, delivering substantial performance improvements and profitability to clients.

LLUMO AI's Mission: Democratizing Access to Generative AI

Shivam Gupta, Founder of LLUMO AI, outlined the company's mission to democratize access to generative AI and help businesses unlock its true potential. He emphasized that LLUMO AI's platform addresses the critical challenges of cost and performance, empowering businesses to make data-driven decisions that accelerate growth and transform customer experiences.

• LLUMO AI aims to make generative artificial intelligence accessible, affordable, and impactful for businesses worldwide.
• The company's focus on reducing LLM costs and accelerating AI deployment aligns with the growing demand for AI solutions that are both cost-effective and efficient.