Yellow.ai, a Global Leader in Enterprise Agentic AI, to Go Public via $550 Million Merger with Bluerock Acquisition Corp.
Enterprise AI company Yellow.ai has announced a definitive merger agreement with Bluerock Acquisition Corp. to go public on the Nasdaq. The company focuses on agentic AI for service automation and plans to trade under the ticker symbol 'YAI'.
Why it matters
This marks a significant milestone for an Indian-founded AI startup entering the U.S. public markets, reflecting the growing trend of enterprise-focused AI adoption.
Transaction expected to create a U.S. publicly listed pure-play enterprise agentic AI platform
BANGALORE, India , Aug. 3, 2026 /PRNewswire/ -- Yellow.ai , a global leader in enterprise agentic AI for service automation, and Bluerock Acquisition Corp. ("Bluerock"), a publicly traded special purpose acquisition company, today announced a definitive Business Combination Agreement expected to take Yellow.ai public. At closing, the combined company will operate as Yellow.ai and trade on The Nasdaq Capital Market under the ticker 'YAI'.
Delivering Enterprise Agentic AI at Scale Today
Yellow.ai was founded in 2016 by Raghu Ravinutala, Rashid Khan and Jaya Kishore Reddy on a single conviction — that enterprise software would evolve from tools that assist people to agents that do the work. A decade later, Yellow.ai has that thesis in production.
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