Since the emergence of artificial intelligence until today, this technology has inspired many innovators and entrepreneurs, and various startups have been founded on this idea. One of these young innovators is Pranjali Awasthi (Pranjali Awasthi) from India, who was able to attract the attention of investors by establishing the Delv.AI startup and allocated a budget of 450 thousand dollars to his business. By attracting this capital, the value of his startup reached 12 million dollars.
Every year, Miami Technology Week hosts idea makers and start-up businesses that try to provide the capital needed to develop their activities through the presentation of innovative ideas. Avasti’s idea to improve the processes of data mining and text summarization was among the selected projects that convinced investors to invest in the bright future of his startup, or Delv.AI. Currently managing a team of 10 professionals, he cites his father as his inspiration in his entrepreneurial journey.
Avasti showed his indescribable interest in technology from an early age and with the support of his father, he started learning programming at the age of 7. After that, at the age of 13, he was given the opportunity to work as an intern in a research laboratory at the University of Florida, which paved the way for his entrepreneurial activities. During the corona virus pandemic, he started learning Machine Learning projects and after studying the beta version of ChatGPT-3, he developed his startup idea. He then shared his idea with an active accelerator in the field of artificial intelligence startup development and was able to achieve exceptional success by launching a trial version of Delv.AI on the Product Hunt platform.
This young elite explains about his startup: “The main goal of Delv.AI is to help researchers to effectively access specific information in the world of online content. This space is expanding day by day, and fortunately, the acceleration program was able to play an important role in my fundraising process.”
Although Avasti’s parents place special value on educational programs; But he has decided to put his university plans on hold for his current responsibilities, and for now, he will prioritize the development of his company. Currently at the helm of his small team, he oversees Delv.AI’s various activities, including coding, development operations, customer service, and more.
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