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Othor AI secures $30,000 pre-seed funding

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Unni Koroth (left) and Nekender Shekhawat, founders of Othor AI

Othor AI, the second startup venture from entrepreneur Unni Koroth, has raised $30,000 in pre-seed funding. The investment round was led by friends and angel investors from the startup ecosystem, including the Kerala-based investors Narayan Babu and Thomas Mathew.

Founded by Unni Koroth and Nekender Shekhawat in September 2024, the Bengaluru-based Othor AI delivers specialised vertical AI agents designed for daily business decisions and planning.

Koroth, Chief Executive Officer of Othor AI, said, “We are thrilled to have the support of such experienced investors as we bring our solution to market. This funding will help us refine our product based on early user feedback and accelerate our go-to-market strategy.”

Launched in January 2025, Othor AI’s beta version has already received positive market reception. This early funding will enable Othor AI to expand its market presence and further develop its innovative platform, he said.

The company positions itself as an AI-native, fast, simple, and secure alternative to conventional business intelligence and planning solutions currently available in the market.

Koroth, along with his childhood friends, had founded the edu-tech startup Foradian in Mangaluru in 2009. After exiting Foradian in 2019, Koroth spent three years at Whatfix before embarking on his newest entrepreneurial journey with Othor AI.

Published on February 18, 2025



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Funding & Business

Leavitt Says More Trade Letters Coming for 12 Countries

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White House Press Secretary Karoline Leavitt says President Donald Trump will be signing an executive order delaying tariffs to August 1 during a news conference in Washington. President Donald Trump announced that he will impose 25% tariffs on goods from Japan and South Korea.



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CoreWeave to Buy Core Scientific for $9 Billion

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CoreWeave is buying Core Scientific for $9 billion in an all-stock deal. It’s expected to close in the fourth quarter. In buying Core Scientific in an all-stock deal, CoreWeave will inherit more than a gigawatt of data-center capacity across the US — much of which is already contracted out to serve its clients in training, deploying and using AI models. Liana Baker reports. (Source: Bloomberg)



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US Warns of Blackout Risk From Killing Coal as Trump Snubs Renewables

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Blackouts in the US could double by 2030 amid an expected increase in power demand brought on by AI, according to a Trump administration report that blames the expected energy shortfall on the closures of coal and natural gas power plants and overreliance on renewable energy.



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