Infosys has invested an undisclosed amount in Bengaluru-based AI procurement startup Aerchain through its Infosys Innovation Fund, strengthening its focus on artificial intelligence and enterprise technology.

Founded in 2019 by Harsha Kadimisetty and Himavanth Jasti, Aerchain provides an AI-powered procurement platform aimed at transforming enterprise sourcing and purchasing processes. The company’s technology is designed to help businesses automate procurement workflows, improve sourcing efficiency and make data-driven purchasing decisions.

The investment comes months after Aerchain raised $13 million in a funding round in March, led by Pavestone VC. The latest funding added to the startup’s previous capital raise of $3 million in September 2021.

Aerchain operates in the growing procurement technology segment, where enterprises are increasingly adopting artificial intelligence to streamline sourcing, supplier management and purchasing operations. AI-based procurement platforms can help companies reduce manual processes, identify potential suppliers and improve decision-making across procurement functions.

Infosys’ investment in Aerchain also highlights the IT services major’s continued interest in emerging AI-focused businesses. The Infosys Innovation Fund was launched in 2013 with $500 million in capital to invest in early-stage technology companies and support innovations that could have applications across industries.

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The fund generally focuses on startups at the late Series A or Series B stages, providing capital to companies developing technologies with potential enterprise applications.

Over the past month, the Infosys Innovation Fund has made at least three other investments, reflecting its growing activity in the technology startup ecosystem. These investments include agentic AI startup NinjaTech AI and TechBio company Indivi.

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The latest investment in Aerchain comes as global enterprises accelerate investments in AI-driven technologies to improve productivity, automate business processes and strengthen operational efficiency.

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For Infosys, backing startups such as Aerchain provides exposure to emerging technologies while potentially creating opportunities to integrate innovative solutions into its broader enterprise technology ecosystem.