Infosys has made an undisclosed investment in Aerchain, a Bengaluru-founded startup specializing in AI-powered enterprise procurement, marking another strategic move by its Innovation Fund to support cutting-edge technology ventures in India.
- Aerchain uses AI to enhance procurement via autonomous workflows
- Infosys Innovation Fund focuses on early-stage technology ventures
- Aerchain has raised over $16 million since 2019
What happened
Infosys has invested an undisclosed sum in Aerchain, an AI-first enterprise procurement startup headquartered in Bengaluru, through its Infosys Innovation Fund. Aerchain was founded in 2019 by Harsha Kadimisetty and Himavanth Jasti and provides a platform that leverages AI and multiple AI agents to optimize procurement processes for large organizations.
This latest infusion of capital follows Aerchain’s $13 million funding round earlier in 2026, which was led by Pavestone VC with participation from IndiaMART and other investors. The startup had also raised $3 million in a pre-Series A funding round in 2021, reflecting steady investor confidence in its technology and growth potential.
Why it matters
The investment underscores Infosys’s commitment to fostering innovation in enterprise technology within India and globally. By backing AI-driven procurement solutions like Aerchain, Infosys positions itself to support clients in making sourcing more seamless, data-centric, and future ready through autonomous workflows.
Aerchain’s AI-powered platform addresses significant inefficiencies in traditional procurement, enabling companies to unlock operational value by automating complex sourcing activities. As digital transformation in corporate procurement intensifies, startups like Aerchain are set to play a critical role in shaping future business processes.
What to watch next
Moving forward, industry observers will be keen to see how Aerchain leverages this funding to scale its AI platform and expand its client base across India and internationally. Its ability to continuously innovate in autonomous procurement workflows could redefine procurement excellence for enterprises.
Additionally, Infosys Innovation Fund’s recent spree of investments, which includes other AI and bio-tech startups globally, signals a broader strategy of targeting emerging technologies that complement Infosys’s services and expand its influence in new technology domains.