Coimbatore AI Startup Aivar Raises $4.6 Mn to Expand in India, US and Middle East and Scale AI Accelerators

Coimbatore-based AI services startup Aivar has raised $4.6 million in a seed funding round led by Sorin Investments, with participation from Bessemer Venture Partners.

The fresh capital will be used to expand the company’s presence in India, the US and the Middle East, while continuing investments in AI accelerators, senior talent and international delivery capabilities, according to a company statement.

“In less than a year, we’ve validated that enterprises need more than AI tools – they need partners who can execute transformation end-to-end. Our studio- and accelerator-driven approach combines the best of services and software, delivering outcomes in weeks that traditionally took months,” Kousik Rajendran, co-founder and CEO, Aivar, said in a statement.

Founded in 2024 by former AWS colleagues Kousik Rajendran, Praveen Jayakumar, Ashwin Ram Ravichandran and Aadharsh Ayappan, Aivar positions itself as a technology services partner focused on enterprise AI adoption.

The company builds and deploys AI solutions for startups, technology-led firms and large enterprises, supported by AWS validation and early-stage, productised accelerators across voice, data and broader AI and machine learning workloads.

One of Aivar’s key offerings is Velogent, an automation accelerator that uses agentic AI to manage complex, document-heavy workflows.

Velogent has been deployed to enhance contract processing for a logistics SaaS provider that required reliable three-way invoice matching across contracts, payment orders and invoices.

Aivar also built an automated system for contract intake, agentic document analysis and reconciliation, and the creation of records within supply chain platforms.

“Aivar stands out by combining deep cloud expertise with AI-native accelerators that help companies move from intent to impact,” Mandar Dandekar, partner at Sorin Investments, added.