Blurgs AI secures $2.2 million to expand portfolio, global presence
Maritime AI startup Blurgs AI has raised $2.2 million in its first external funding round led by Pravega Ventures and Shastra VC. The company plans to use the capital to expand its operations into Southeast Asia and the Middle East while diversifying into sectors like ports and fisheries.
Why it matters
This funding highlights the growing importance of AI-driven efficiency solutions in the global maritime and defense logistics sectors.
Blurgs AI, founded by Roshan Raj Mohanty and Avinash Kori, both alumni of IIT Madras, has raised $2.2 million for its global expansion plans. The round was led by Pravega Ventures and Shastra VC, with participation from angel investors Suraj Nalin, Co-founder of PlaySimple Games and Yashwanth Madhusudhan, Co-founder of Fyle.
The article is a straightforward business report on a funding announcement.
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