Why spend billions on manual integrations when AI can do it all for you? That’s the $350B question Refold AI just answered — with a seed round to prove it.
In one of the most exciting early-stage AI plays of the year, Refold AI, a Bengaluru- and San Mateo-based enterprise AI startup, has raised a scorching $6.5 million in seed funding, co-led by Eniac Ventures and Tidal Ventures.
But here’s what makes this more than just another AI headline:
Refold AI is building autonomous AI agents that write and maintain code for API integrations — without developers lifting a finger.
That’s right. No more middleware. No more coding. No more consultants.
The Bold Mission? Automate It All.
Refold’s founders, Jugal Anchalia and Abhishek Kumar, aren’t new to disruption. They previously built JustDoc, sold it to Netmeds, and now they’re coming for the most expensive problem in enterprise tech — legacy integrations.
Enterprises burn over $350 billion a year on manual API work. Refold AI wants to blow that model up.
What Their AI Actually Does
Instead of relying on teams of engineers or overpriced IT services, Refold AI’s platform uses intelligent agents to:
- Learn how systems behave
- Write and update integration code automatically
- Adapt instantly when software changes
Think: CRM to ERP syncing, finance automations, data pipelines — all handled faster, cheaper, and without human error.
What’s Next with $6.5M?
Refold plans to go all in:
- Hire top-tier engineers
- Expand its integrations across platforms
- Serve its growing list of enterprise customers
And with the backing of some of the world’s sharpest tech investors, Refold might just become the AI engine running the future of enterprise software.
