- Can this chatbot write poetry?
- Can this video generator make a movie?
But while the internet is obsessed with the “cool” stuff, a group of industry veterans just quietly raised $3.5 Million (approx ₹30 Crore) to do something incredibly boring: fixing old, clunky office software.
And investors are loving it.
The News: CoreOps.AI Raises Pre-Series A
Today, CoreOps.AI, a startup that helps large companies modernize their legacy systems, announced a fresh $3.5 million funding round.
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- Led By: Siana Capital Management.
- Participation from: Kettleborough, Aroa Venture Partners, and several high-profile HNIs.
The Problem: The “Spaghetti Code” Nightmare
Imagine you are a massive bank or a hospital. Your entire business runs on software built 15 years ago. It’s slow, it crashes, and the people who wrote the code have long retired. Usually, to fix this, you have to hire expensive consultants (like Accenture or Infosys) who take 2 years to “digitally transform” you.
CoreOps.AI says: “Don’t hire an army of humans. Hire our AI Agents.”.
The Solution: “Agentic AI”
CoreOps uses something called “Agentic AI” (AI Agents). These aren’t just chatbots that talk; they are bots that do.
- AgentCORE: Their platform deploys AI agents that can read the old code, understand the data, and automatically modernize it.
- The Promise: They claim to cut modernization time by 50% and costs by 25%.
Instead of a human consultant spending 6 months mapping your data, their AI does it in weeks.
The “Uncle” Factor (Why This is Unique)
Usually, AI startups are founded by 22-year-old dropouts in hoodies. CoreOps is different. It was founded in 2024 by four heavyweights: Rajesh Janey, Ankur Sharma, Rajnish Gupta, and Rajiv Srivastava.
These are folks who have spent decades running giants like HP, Dell, and Zebra Technologies. They aren’t guessing what enterprises need; they were the enterprise. It’s a classic case of “Founder-Market Fit”—uncles who know exactly how painful corporate IT is.
The Verdict
This funding proves a shift in the market. Investors are moving away from “Consumer AI” (which burns cash) and pouring money into “Enterprise AI” (which saves money). CoreOps.AI isn’t trying to be the next ChatGPT. They are trying to be the digital plumber for the Fortune 500. And plumbers get paid well.