Omi raises $3M for AI wearable, backed by Tim Draper and DropJaw Ventures
What's the deal? AI wearable startup OmiDealroom has a profile for this one. Try Dealroom → has raised roughly $3 million from Tim DraperDealroom has a profile for this one. Try Dealroom → and DropJaw VenturesDealroom has a profile for this one. Try Dealroom →. Co-founded by Hyderabad entrepreneur Aarav Garg, the San Francisco-based firm builds devices designed to act as a user's "second brain."
What's the product? Omi has sold more than 25,000 AI wearable devices to customers worldwide, and its products have been featured in The Wall Street Journal and Forbes.
Why it matters: On 10 July 2026, Bharat Rashtra Samithi working president KT Rama Rao met Garg in Hyderabad, praising his move from teenage innovator to co-founder of a globally recognised firm. The two first met in 2022, when Garg was a 16-year-old showcasing a technology product. Rama Rao, a former state IT minister, said it was encouraging to see Hyderabad-based entrepreneurs building products that compete on a global scale.
The signal: Omi's backing from prominent US investors marks a case of young Indian talent building globally competitive AI hardware, and a talking point for Hyderabad's push to position itself as a tech hub.
Read more: Hyderabad Feed