About Alchemyst AI
Alchemyst AI is a Technology company based in Bengaluru (India) founded in 2023 by Anuran Roy and Uttaran Nayak. AI agent platform for enhancing conversational AI is provided. It operates on a AI-as-a-Service and API-as-a-Product model. Alchemyst AI has raised $1.3 million across 2 funding rounds from investors including 100Unicorns, IP Ventures and Earlyseed Ventures. Its chief executive, as recorded, is Uttaran Nayak. Its Indian entity Xalchemyst Technologies Private Limited reported revenue of ₹10.6 Lakh. Alchemyst AI offers products and services including AI Agent Platform, Context API, Chat API, and Context Proxy API. Its focus areas include Artificial Intelligence and Generative AI.
Company details
Alchemyst AI is engaged in creating platforms for building production-ready AI agents with enhanced speed. Solutions are provided for various sectors including customer support, healthcare, and finance. Tools such as Context API, Chat API, and Context Proxy API are offered to manage data, enable chat functionalities, and ensure intelligent context processing. The technology is supported in multiple programming languages like Python, JavaScript, and Java.
- Headquarters Bengaluru, India
- Founders Anuran Roy, Uttaran Nayak
- SectorsTechnology
- Email••••••••
- Website getalchemystai.com
- Social LinkedIn X
- Legal Name Xalchemyst Technologies Pvt. Ltd.
- Date of Incorporation 27 May, 2024
- Jurisdiction Patipukur, West Bengal, India
- Annual Revenue₹10.6 Lakh
FY 2025
- Net Loss-₹62.7 Lakh
FY 2025 · -591% margin
- EBITDA-₹62.4 Lakh
FY 2025 · -588% margin
- Total Equity Funding$1.3M (USD)
in 2 rounds
- Latest Funding Round$1M (USD), Seed
Jan 2025
- Investors100Unicorns
& 31 more
Associated legal entities of Alchemyst AI
Alchemyst AI operates through Xalchemyst Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Xalchemyst Technologies Private Limited CIN U62011WB2024PTC270934 | Active | 27 May 2024 | Patipukur, West Bengal | ₹0.1 Cr | 2 | View details |
Products & Services of Alchemyst AI
Alchemyst AI offers a comprehensive portfolio of products and services, including AI Agent Platform, Context API, Chat API, and Context Proxy API.
Platform for building production-ready AI agents quickly.
API for managing context data with access control.
API for streaming chat with AI-generated responses.
OpenAI-compatible API for intelligent context filtering services.
Funding Insights of Alchemyst AI
Alchemyst AI has successfully raised a total of $1.3M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1 million completed in January 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $1.3M
- Total Rounds 2
- Last Round Seed — $1M
- First Round $300,000
(Aug 2024)
- Investors Count 32
All 2 funding rounds of Alchemyst AI with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2025 | $1M | Seed | – | – | |
| Aug 2024 | $300,000 | Seed | – | Inflection Point Ventures |
32 investors in total: 6 institutional and 26 angel.
Investors in Alchemyst AI
Alchemyst AI has secured backing from 32 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include 100Unicorns, IP Ventures and Earlyseed Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are made in early-stage tech startups across sectors. | ipventures.in | Gurugram, India | ||
A startup accelerator offering funding and support to early-stage companies. | 2020 | 100unicorns.in | Mumbai, India | |
Venture capital investment in tech-startups | Gurugram, India | |||
| inflexor.vc | ||||
Investment bank for early stage startups | earlyseedventures.com | Mumbai, India | ||
JS Jithin Sarma | Angel investor and entrepreneur, focusing on early-stage Indian startups. | unknown_19c708c197ad421f8 | ||
SV Satish Vaidyanathan | unknown_c7d81bebd51d470e9 | |||
PM Payel Meharia | unknown_24e59e098da645b6b | |||
NP Nagender Prasad | unknown_25bd60312dd441d9a |
Investor details for Alchemyst AI
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Xalchemyst Technologies Private Limited (Alchemyst AI)
Xalchemyst Technologies Private Limited is the primary company behind Alchemyst AI. The board of Xalchemyst Technologies Private Limited currently have 2 directors; the longest-serving is Uttaran Nayak, appointed in 2024.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Uttaran Nayak DIN 10645740 | Director | 27 May 2024 | 2 yrs 5 mo | Xalchemyst Technologies Private Limited |
| Anuran Roy DIN 10645741 | Director | 27 May 2024 | 2 yrs 5 mo | Xalchemyst Technologies Private Limited |
People of Alchemyst AI
3 people are tracked at Alchemyst AI (3 in leadership).
| Name | Role | Group |
|---|---|---|
Prithwijit Dey | COO | Leadership |
| Co-Founder & CTO | Leadership | |
| Co-Founder & CEO | Leadership |
Complete people profiles for Alchemyst AI
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of Alchemyst AI
Figures of Xalchemyst Technologies Private Limited, the primary company behind Alchemyst AI, for FY 2025. Revenue was ₹10.6 Lakh. Net loss was -₹62.7 Lakh (-591% margin). EBITDA was -₹62.4 Lakh (-588% margin).
- ₹10.6 LakhRevenue · FY 2025
- -₹62.7 LakhNet loss · -591% margin
- -₹62.4 LakhEBITDA · -588% margin
- ₹12,370Paid-up capital
Balance sheet, profit and loss, cash flow and ratios of Xalchemyst Technologies Private Limited are on its company page.
Detailed financial statements for Alchemyst AI
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Alchemyst AI
3 dated milestones of Alchemyst AI across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Alchemyst AI is founded.
- Funding First funding round of $300K.
- Funding Latest funding round, Seed, of $1.0M.
Web traffic of Alchemyst AI
The website of Alchemyst AI (getalchemystai.com) receives about 4.2K visits a month.
- Monthly visits4.2K
▲ 20.3% vs previous month
Websites whose visitors overlap most with Alchemyst AI. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
alchemistai.app | alchemistai.app | 100% | #2,491,001 | – |
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Frequently Asked Questions about Alchemyst AI
Alchemyst AI was founded in 2023 and raised its 1st funding round 1 year after it was founded.
Alchemyst AI is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Uttaran Nayak is the CEO of Alchemyst AI, as recorded in our data. They have also founded this company.
Alchemyst AI is a funded company, having raised a total of $1.3M across 2 funding rounds to date. The company's 1st funding round was a Seed of $300K, raised on Aug 2024.
The primary company behind Alchemyst AI, Xalchemyst Technologies Private Limited, reported revenue of ₹10.6 Lakh for FY 2025.
Alchemyst AI is engaged in creating platforms for building production-ready AI agents with enhanced speed. Solutions are provided for various sectors including customer support, healthcare, and finance. Tools such as Context API, Chat API, and Context Proxy API are offered to manage data, enable chat functionalities, and ensure intelligent context processing. The technology is supported in multiple programming languages like Python, JavaScript, and Java.
Alchemyst AI offers AI Agent Platform, Context API, Chat API, and Context Proxy API.
Alchemyst AI has 32 investors. Key investors include 100Unicorns, IP Ventures, Earlyseed Ventures, Firstport Capital, and OngoleBulls Invest.
Alchemyst AI operates through Xalchemyst Technologies Private Limited.
The legal entities of Alchemyst AI currently have 2 directors, including Uttaran Nayak, Anuran Roy.