Leap Cofounder’s New Venture Noon Raises $44 Mn To Scale AI-Native Product Design Tool

SUMMARY

San Francisco-based product design startup Noon has raised $44 Mn (about ₹407.6 Cr) in a funding round led by Chemistry, First Round Capital, Scribble Ventures, Elevation Capital and Afore Capital

The round also saw participation from angel investors associated with companies like Meta, Canva, Apple, and OpenAI

Noon is currently operating in early access and plans to open the platform to design teams in the coming weeks

San Francisco-based product design startup Noon has raised $44 Mn (about ₹407.6 Cr) in a funding round led by Chemistry, First Round Capital, Scribble Ventures, Elevation Capital and Afore Capital. The round also saw participation from angel investors associated with companies like Meta, Canva, Apple, and OpenAI.

The startup intends to use the raised funds primarily to accelerate product development while scaling its distribution. A portion of the capital will also be deployed to hire more talent.

Founded in 2024 by ex-Bookpad CEO Aditya Bandi and ex-Leap cofounder Kushagra Sinha, Noon is an AI-native product design platform that allows users to build functional products using real code instead of static design files. The startup was operating in stealth mode till now.

It creates designs directly from a user’s codebase, allowing teams to develop interactive prototypes that can move and respond, while reducing friction between designers and engineers.

Noon is currently operating in early access and plans to open the platform to design teams in the coming weeks.

Both founders are second-time entrepreneurs with successful exits. Bandi previously cofounded Bookpad, a cloud-based document technology startup that was acquired by Yahoo in 2014 for over $15 Mn.

On the other hand, Sinha cofounded Jiny, later rebranded as Leap, a mobile-first guidance platform that was acquired by Whatfix in 2021.

The Noon team comprises engineers and operators from companies such as Google, Ramp, Vercel, Slack, Uber, PhonePe, Grab, Groww, and Replit.

The development comes at a time when AI is reshaping industries across the board. Startups are rapidly embracing the nascent tech to disrupt traditional sectors, building AI-native business models centred on automation, hyper-personalisation, and data-driven decision-making.

Investor interest in the sector also appears to be rising steadily. As per Inc42’s “Indian Tech Startup Funding Report Q1 2026”, AI startup funding in the first quarter of 2026 surged 73% YoY to $253 Mn. Meanwhile, mega funding rounds for AI startups like Sarvam and Neysa are also close to materialising.

In India alone, the GenAI ecosystem is projected to reach a $17 Bn market opportunity by 2030. Meanwhile, the broader AI market is expected to grow into a $126 Bn opportunity by the same year, with the potential to contribute up to $1.7 Tn to the country’s GDP by 2035.

Comments are closed.