Enterprise AI startup UnifyApps is in discussions to raise $100-120 million from private equity firm EQT in a round that could value the company at $700-750 million. The talks, if completed, would put the New York- and Gurugram-linked company among the Indian AI startups attracting large growth rounds as enterprises move from experimentation to production-scale AI deployment.
The potential financing comes less than a year after UnifyApps raised $50 million from WestBridge Capital at a reported valuation of about $200 million. A new round at the discussed valuation would represent a more-than-threefold increase and would make the company one of the few Indian AI startups to cross the $100 million mark in a single funding event, following large raises by Sarvam and Emergent.
UnifyApps builds software that helps enterprises connect fragmented systems, unify data, automate workflows and deploy AI agents across functions. Its positioning is tied to a growing enterprise preference for AI tools that can work with existing software stacks rather than requiring companies to replace core systems. The company serves customers across sectors including retail, banking, travel and telecom, where legacy platforms, multiple databases and workflow silos often limit AI deployment.
The company said during its previous funding round that revenue had grown more than 600% year on year. Its product strategy is aimed at CIOs and enterprise technology leaders looking to integrate generative AI into operating processes without losing control over existing systems of record, compliance workflows and data permissions. That market has become more active as enterprises move beyond pilots and demand AI systems that can connect with ERP, CRM, customer service, finance, procurement and internal knowledge platforms.
The reported EQT discussions are still at the talks stage, so the final amount, valuation and investor composition could change. Even so, the size under discussion reflects a broader investor shift toward AI application and integration companies that can sit close to enterprise workflows. For Indian enterprise technology founders, UnifyApps’ trajectory also reinforces the emergence of cross-border AI companies with Indian engineering depth, global go-to-market ambition and sector-specific deployment use cases.
